Yield to Maturity (1BI) Bauer Inc's bonds currently sell for $1,275. They pay a $120 annual coupon and have a 20-year maturity and a par value of $1,000 , but they can be called in 5 years at $1,120. What is their yield to maturity (YTM)? A. 6.99% B. 9.99% C. 8.99% D. 3.99% E. 5.99%
2. Which of the following is an example of earned income?
a. ?Welfare payments
b. ?Interest
c. ?Capital gains
d. ?Self-employment income