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FINRA Securities Industry Essentials Exam (SIE) SIE Question # 85 Topic 9 Discussion

FINRA Securities Industry Essentials Exam (SIE) SIE Question # 85 Topic 9 Discussion

SIE Exam Topic 9 Question 85 Discussion:
Question #: 85
Topic #: 9

A bond Is callable at $1,010 and matures In 10 years at $1,000. It has a coupon of 5.00% and is trading at $950. What Is the yield to maturity (YTM}?


A.

4.50%


B.

4.95%


C.

5.00%


D.

5.66%


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