What is the annual ytm on bonds

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As of Feb. 24, 2020, one bond of Kraft Heinz Food Co. (BRK) is priced at $955.41 per bond. These bonds carry a coupon rate of 4.375%, make semi-annual payments, mature in 45 years, and have a par value of $1,000. What's the annual YTM on these bonds? [Total sidenote: These high-yield (read: high-risk) bonds are rated Baa3 by Moody's and BBB- by Standard & Poors.]

Reference no: EM132473991

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