question archive What is the yield-to-maturity of a Viacom bond which is selling for $948
What is the yield-to-maturity of a Viacom bond which is selling for $948
Subject:BusinessPrice:2.87 Bought7
What is the yield-to-maturity of a Viacom bond which is selling for $948.75 with 6 years to maturity and a 7% coupon?
| a. |
8.11% |
|
| b. |
7.38% |
|
| c. |
7.01% |
|
| d. |
8.38% |
