Select an option above to see an explanation here.

A) This answer is incorrect because it subtracts (F + P) from C instead of adding (F - P) to C.
B) This answer is incorrect because it multiplies F and P instead of subtracting P from F.
C) GRY calculated using YTM formula.
D) This answer is incorrect because it multiplies (F - P) by 2 in the denominator instead of averaging F and P.