Question
Calculate the Yield to Maturity (YTM) for a $1,000 bond that pays a 7% annual coupon with 25 years to maturity. The required rate 8%.
Calculate the Yield to Maturity (YTM) for a $1,000 bond that pays a 7% annual coupon with 25 years to maturity. The required rate 8%. This bond is selling for $750
Help me do it on Excel Thank you so much
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Fundamentals Of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
14th Edition
0135175216, 978-0135175217
