You paid $957,3 for a 5% 5-year bond, which has a face value of $1000 and pays coupons twice each year. What is the yield-to-maturity? Choose the closest answer
A 2%
B 3%
C 4%
D 5%
E 6%
A bond matured in 15 years has a current yield of 8.35%. The face value is $1000 while the selling price is $1197.93. What is its coupon rate if it pays semi-annual coupon payments?
A 4.18%
B 5.00%
C 8.35%
D 10%
E None of the above