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3 Polnis - Trevor has a $1000 bond with a 4.5% coupon. Trevor purchased this bond for $965. What is the yield of this new bond? O A. 5% OB. 5.1% C. 4.5% D. 4.7%

3 Polnis - Trevor has a $1000 bond with a 4.5% coupon. Trevor purchased this bond for $965. What is the yield of this new bond? O A. 5% OB. 5.1% C. 4.5% D. 4.7%
asked 79.7k views
5 votes
3 Polnis

-

Trevor has a $1000 bond with a 4.5% coupon. Trevor purchased this bond for

$965. What is the yield of this new bond?



O A. 5%

OB. 5.1%

C. 4.5%

D. 4.7%

asked
User Peter Lenkefi
by
8.1k points

1 Answer

3 votes

Answer:

D.4.7%

Explanation:

answered
User CatWithGlasses
by
8.5k points
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