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5 points 1 23. Suppose you bought a bond with 15 years before maturity. You bought it 2 4 years ago. Today the price is

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5 points 1 23. Suppose you bought a bond with 15 years before maturity. You bought it 2 4 years ago. Today the price is 98.5% of par; the bond's coupon rate is 6%, paid semi-annually. 13 Par = $1,000. What is the YTM today? Put your inputs in the boxes rows 35-38 and reference your inputs in row 40, using RATE function. 14 15 PMT #N/A Leave formulatext alone 16 Nper #N/A Leave formulatext alone 7 PV #N/A Leave formulatext alone 8 FV #N/A Leave formulatext alone 9 O Rate /YTM #N/A Leave formulatext alone Use the rate function. TY

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