An analyst gathers the following information about a semiannual pay bond:
| Price | 102 |
|-----------|-----------|
| Years to maturity | 3 |
| Yield to maturity (semiannual basis) | 5.27% |
| Coupon | 6.00% |
The annual yield to maturity based on quarterly compounding is closest to: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz
Chartered Financial Analyst Level 1
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An analyst gathers the following information about a semiannual pay bond:
Price
102
Years to maturity
3
Yield to maturity (semiannual basis)
5.27%
Coupon
6.00%
The annual yield to maturity based on quarterly compounding is closest to:
