Question 33 (1 point)
A coupon bond that pays interest of 6% annually has a par value of $1,000, matures in 6 years, and is
selling today at $864.28. The actual yield to maturity on this bond is _ (Please use or round to 4 decimal
places, for example, if your answer is 4.0589%, enter 0.0406)
Your Answer:
Answer