What is the yield to maturity of a(n) eight-year, $5000 bond with a 4.4% coupon rate and semiannual coupons if this bond is currently trading for a price of $4723.70?

A) 6.31%
B) 5.26%
C) 7.36%
D) 2.63%

Answer: B

Business

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Fill in the blank(s) with the appropriate word(s).

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A ________ is a salesforce promotion tool that aims at inducing the sales force or dealers to increase their sales results over a stated period, with prizes (money, trips, gifts, or points) going to those who succeed

A) trade show B) frequency program C) sales contest D) sweepstake E) patronage award

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