Question

Last year Banner Industries issued a 6-year, 5% semi-annual coupon bond with a par value of $1,000. Currently, the bonds are

selling for $1,125.31. What is its yield to maturity?
(A) 1.17%
B)2.33%
C)4.23%
D) 4.77%
E) 5.09%

Answer 1

I think is A

Explanation:

dont hold me to it