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Assume coupons are paid annually. Here are the prices of three bonds with 10-year maturities: Bond Coupon (%) Price (%) 2 83.00 4 102.00 8

Assume coupons are paid annually. Here are the prices of three bonds with 10-year maturities:

Bond Coupon (%) Price (%)
2 83.00
4 102.00
8 133.00

a.

What is the yield to maturity for each bond? (Round your answers to 1 decimal place.)

Bond Coupon (%)

YTM

2 __?_%
4 __?_%
8 _?__%

Please show CLEAR explanation for (2,4,8)?

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