What is the approximate yield to maturity

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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

Reference no: EM13919756

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