Match the yield to maturity to the terms of the


Match the yield to maturity to the terms of the bond. All of these bonds pay interest twice a year. "A $1,000 par value bond that matures in 19 years is currently selling for $959.07. The bond pays $51.00 of interest every six months." "A $1,000 par value bond that matures in 10 years is currently selling for $1,006.79. The bond pays $42.00 of interest every six months." "A $1,000 par value bond that matures in 8 years is currently selling for $1,172.01. The bond pays $26.00 every six months." "A $1,000 par value bond that matures in 12 years is currently selling for $905.00. The bond pays $56.00 of interest every six months." "A $1,000 par value bond that matures in 20 years is currently selling for $1,198.49. The bond pays $50.00 of interest every six months." A. 10.71% B. 8.30% C. 2.79% D. 8.00% E. 12.77%

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Financial Management: Match the yield to maturity to the terms of the
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