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5. Calculate the yield to maturity for the following bonds. SHOW YOUR WORK. (2 marks) a) 3-year Canada 5.50% semi-annual, priced at 98.14 Mode= N=3*2=6

5. Calculate the yield to maturity for the following bonds. SHOW YOUR WORK. (2 marks) a) 3-year Canada 5.50% semi-annual, priced at 98.14 Mode= N=3*2=6 P/Y = 2 C/Y= 2 PMT= 5.3977 or 5.40 FV=0 PV =98.14

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