A bond market price is $ 950. It has a $ 1000 Par value, will mature in 6 years, and has a coupon interest rate f 8 percent annual interest, but makes its interest payment semiannually. What is the bond's yield to maturity? What happens to the bond's yield maturity of the bond matures in 12 years? what if it matures in 3 years.
A) The bond's Yield matures in 6 years is...%
B) The bond's yield to maturity if it matures in 12 years ....%
C) The bond's yield to maturity if it matures in 3 years .....%