Broke Benjamin Co. has a bond outstanding that makes semiannual payments with a coupon rate of 5.5 percent. The bond sells for $955.25 and matures in 19 years. The par value is $1,000. What is the YTM of the bond

5.89%

Explanation:

The computation of the yield to maturity could be find out by determining by applying the RATE formula i.e. to be shown in the attachment

Provided that,  

Present value = $955.25

Future value or Face value = $1,000  

PMT = 1,000 × 5.5% ÷ 2 = $27.50

NPER = 19 years × 2 = 38 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after applying the above formula , the YTM is

= 2.9473%  × 2

= 5.89%

answer: b) the us is the leading importer but not the leading exporter.

extra info:

the u.s is the largest importer but it is not the largest exporter as china sits on the top of the table when it comes to leading exporters.

but u.s is not far from first,

they rank in 2nd globally as the worlds largest exporter.

happy to

pls mark as brainliest

answer; i believe the correct answer is (75 years);