9.6

(Yield to maturity) A bond's market price is $725. It has a $1,000 par value, will mature in 14 years, and has a coupon interest rate of 8 percent annual interest, but makes its interest payments semiannually What is the bond's yield to maturity? What happens to the bond's yield to maturity if the bond matures in 28 years? What if it matures in 7 years? a. The bond's yield to maturity if it matures in 14 years is % (Round to two decimal places)

What is the bands yeld to maturty? What happens to the bond's yeld to maturity a the bonid matuoet in 28 years? What it it matures in 7 years? The bonos yeld to mahurity it a matures in 14 years is (Round to two decinal places )