2. Economics
3. what is the yield to maturity of a consol with...

# Question: what is the yield to maturity of a consol with...

###### Question details

What is the yield to maturity of a consol with a coupon of $85 and a price of$1,000?

A) 5.56% B) 8.50% C) 9.00% D) Not enough information has been provided to determine the answer.