Question
Calculate the yield to maturity on the following bonds. A 8.9 percent coupon (paid semiannually) bond, with a $1,000 face value and 13 years remaining
Calculate the yield to maturity on the following bonds. |
A 8.9 percent coupon (paid semiannually) bond, with a $1,000 face value and 13 years remaining to maturity. The bond is selling at $930. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161)) |
Yield to maturity | % per year |
b. | An 6 percent coupon (paid quarterly) bond, with a $1,000 face value and 10 years remaining to maturity. The bond is selling at $908. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161)) |
Yield to maturity | % per year |
c. | An 8 percent coupon (paid annually) bond, with a $1,000 face value and 8 years remaining to maturity. The bond is selling at $1,058. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161)) |
Yield to maturity | % per year |
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