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Tasha Toy Incorporated, issued the corporate bond has a coupon of 6.5 percent and pays...

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Accounting

Tasha Toy Incorporated, issued the corporate bond has a coupon of 6.5 percent and pays interest annually. The face value is RM1,000 and the current market price is RM1,108.15. The bond matures in 10 years. What is the yield to maturity (YTM)? *

A. 2.97%

B. 6.97%

C. 5.10%

D. 6.32%

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