1. What is the yield to maturity of a ten-year, $1000 bond with a 5.2% coupon rate and semiannual coupons if this bond is currently trading for a price of $884? Please show work
A. 6.82%
B. 6.23%
C. 5.02%
D. 12.46%
2. Examples of cash disbursements include all the following except:
A. dividends
B. taxes
C. payment of raw materials
D. sales of assets
E. wages