Question
Calculate the yield to maturity on the following bonds: A 8.3 percent coupon (paid semiannually) bond, with a $1,000 face value and 23 years remaining
Calculate the yield to maturity on the following bonds:
A 8.3 percent coupon (paid semiannually) bond, with a $1,000 face value and 23 years remaining to maturity. The bond is selling at $900.
An 5.4 percent coupon (paid quarterly) bond, with a $1,000 face value and 10 years remaining to maturity. The bond is selling at $914.
An 7.4 percent coupon (paid annually) bond, with a $1,000 face value and 8 years remaining to maturity. The bond is selling at $1,064.
(For all requirements, do not round intermediate calculations. Round your answers to 3 decimal places.
a.Yield to maturity % per year.
b.Yield to maturity % per year.
c.Yield to maturity % per year
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The Handbook Of Financial Communication And Investor Relations
Authors: Alexander V. Laskin
1st Edition
1119240786, 978-1119240785
