Suppose that IBM has a $1000 par value bon
问题:
Suppose that IBM has a $1000 par value bond outstanding with a 12 percent semiannual coupon that is currently trading at 102.25 with seven years to maturity. Which of the following is closest to the yield to maturity on the bond()
A. 11.21%.
B. 11.64%.
C. 11.52%.