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Amalgamated Industries 5% bonds pat interest semiannually. The bonds sell for $990 and have a par value of $1,000. If these bonds mature in 30
Amalgamated Industries 5% bonds pat interest semiannually. The bonds sell for $990 and have a par value of $1,000. If these bonds mature in 30 years, what is their yield to maturity?
Question 1 options:
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4.86%
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5.77%
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5.57%
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5.07%
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5.42%
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You purchased a bond 2 years ago for $895.00. Today the bond is priced at 814.00, and it matures in 30 years. The bond provides a 5.25% coupon and pays interest annually. Assuming a par value of $1,000, what is the Yield to Maturity on this bond?
Question 2 options:
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6.70%
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7.17%
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7.38%
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7.64%
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7.91%
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