10mins

Calculate the yield to maturity of a bond that matures in 5 years and has a P1000 par value. The coupon interest rate is 12% and its current bond trading price is Php 997.00.* 12% 12.078% 12.08% 12.98% Angelo Industries issues a bond that matures in 5 years and has a P1000 par value. The coupon interest rate is 12% and market required yield to maturity is less than the coupon rate by 3%. Compute for the value of the bond. Your