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C Secure https:/lelearn.uta.eduwebdppassessiet Question Completion Status: Next Call Date Haterity Dete 09/15/2026 Covpon Rate 3.400% " ATVI449511100SOVAKS06/13/2026 95.91 Price/Yield Chart Price Chhart ield Chart Band Type US Corperate Indunitry Group PriceIndustry Sub Group Product Aanent Corporate Bond Use of Proceeds Security Code Issue Elements 300 ering Dat 0/15/2017 is 2017 Credit and Rating Elements Standard & Poor's Rating Day Count Rook Entry Addoonal Description Cellateral Pledge In the attached bond quote, what is the yield to maturity? MacBook Air esc FI F2 F3 F4 FS te F7Explanation / Answer
THE LAST TRADE YIELD : 4.002%
ANSWER : YIELD TO MATURITY = 4.002% (THUMBS UP PLEASE)
THE BASIC EXPLANATION IS THAT PRICE IS BELOW PAR, WHICH INDICATES THAT YTM HAS TO BE HIGHER THAN COUPON RATE OF 3.4%, SO BUT OBVIOUS ANSWER IS 4.002%
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