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*Assume this corporate bonds pay 2x annually Please show what values to enter in order to solve this using a financial calculator (N,I/YR,PV,PMT,FV) Also please
*Assume this corporate bonds pay 2x annually
Please show what values to enter in order to solve this using a financial calculator (N,I/YR,PV,PMT,FV)
Also please show how you might answer this in Excel to confirm the above answer.
Please show steps/work to obtain values.
practice question: Calculate the YTM of a 20-year corporate bond with a market price of $1,020, interest rate of 4.5% with 15 years left to maturity
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