Yield to maturity

Adams Enterprises bonds currently sell for $1,119.51. They have a 12-year maturity. Coupon rate of 7.25 percent, pays coupons semiannually and per value of $1,000. What is their yield to maturity?

a. 5.85%

b. 6.03%

c. 6.17%

d. 6.26%

Last Updated on February 11, 2019 by EssayPro