QUESTION 8 Fragle inc's bonds curnently sell for
$1,100
in the market and have a par value of
$1,000
. The annual coupon rate is
7.75%
, paid annually, and the bon theve a 15 year maturity. What is their yield to maturity (i.e. the market required rate of return)?
312% 425% 5.51% 6.67% 92.% 1105% 13.19% 1585%

Question

QUESTION 8 Fragle inc's bonds curnently sell for

$1,100

in the market and have a par value of

$1,000

. The annual coupon rate is

7.75%

, paid annually, and the bon theve a 15 year maturity. What is their yield to maturity (i.e. the market required rate of return)?

312%
425%
5.51%
6.67%
92.%
1105%
13.19%
1585%

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