What is the approximate yield to maturity for a $1000 par value bond selling for $925 that matures in 8 years and pays a 10 percent coupon that is paid semiannually?
11.46 percent 12.16 percent 10.51 percent 5.73 percent
What is the current price of a $1000 par value bond maturing in 12 years with a coupon rate of 14 percent, paid semiannually, that has a YTM of 13 percent? 1,090.44 1,059.95 1,068.62 105.95