FIN 571 WEEK 5 Multiple Choice Question 61

FIN 571 WEEK 5 Multiple Choice Question 61
The cost of debt: Bellamee, Inc., has semiannual bonds outstanding with five years to maturity and are priced at $920.87. If the bonds have a coupon rate of 7 percent, then what is the YTM for the bonds?

 
9.2%
 
7.0%
 
9.0%
 
4.5%

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