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American Airlines has a 5.6096 coupon 15 year bond (par value = 1,000). Assume that...

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American Airlines has a 5.6096 coupon 15 year bond (par value = 1,000). Assume that coupon payments are semi-annual and that the current! price is $973.55. What is the yield-to-maturity of this bond? Be sure to report on an annualized basis and as a raw number - i.e. if your answer is 6.5%, input as 6.5. Dividends on Preferred stock are usually cumulative. True False

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