What is the? bond yield to maturity for tbq

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Problem 1: TBQ has just issued a callable? (at par)? ten-year 5% coupon bond with annual coupon payments. The bond can be called at par in one year or anytime thereafter on a coupon payment date. It matures at face value of $100. It has a price of $ 103. What is the? bond's yield to maturity?

a. 5%

b. 5.3%

c. 4.62%

d. 2.16%

e. 1.94%

Reference no: EM132825666

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