Match the yield to maturity to the terms of the bond. All of these bonds pay interest twice a year.
- A. B. C. D. E. "A $1,000 par value bond that matures in 10 years is currently selling for $1,019.55. The bond pays $36.00 of interest every six months."
- A. B. C. D. E. "A $1,000 par value bond that matures in 14 years is currently selling for $1,242.84. The bond pays $26.00 of interest every six months."
- A. B. C. D. E. "A $1,000 par value bond that matures in 19 years is currently selling for $1,158.41. The bond pays $58.00 every six months."
- A. B. C. D. E. "A $1,000 par value bond that matures in 16 years is currently selling for $1,181.70. The bond pays $42.00 of interest every six months."
- A. B. C. D. E. "A $1,000 par value bond that matures in 13 years is currently selling for $1,136.10. The bond pays $47.00 of interest every six months."
A. 6.93% B. 3.06% C. 9.75% D. 7.72% E. 6.55%