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Calculate the unit price ( value ) of the bond issued / traded having an annual gross coupon rate of interest of 2 0 %

Calculate the unit price (value) of the bond issued/traded having an annual gross coupon rate of interest of 20%,3 years of maturity, and a Par value of TL 1,000. Market rate of return for the similar risk group of bonds is given as 15%. Witholding tax (stoppage) is 10%.(Note: Use 2 digits in solving your problems)
b) Calculate the bond's Approximate Yield to Maturity (YTM)

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