Home / Questions / The market price of a Treasury bond is quoted as 92.15, it has16 years to maturity, a $500
The market price of a Treasury bond is quoted as 92.15, it has16 years to maturity, a $5000 face value, and has coupon rate of 5%that pays out coupon payments semi-annually. What is the yield tomaturity? FORMAT TO 6 DECIMAL PLACES
|
A. |
7.74% |
|
B. |
5.76% |
|
C. |
13.98% |
|
D. |
4.72% |
|
E. |
7.24% |
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