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how would I find the Yield of maturity with this formula and this given information? 6 Homework HWS 5 of 15 (10 completo) me following

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how would I find the Yield of maturity with this formula and this given information?
6 Homework HWS 5 of 15 (10 completo) me following bonds, fine X X That's incorrect est (coupon) is paid quarterly Maturity Yield to maturity (YTM) is the return the bond holder receives on the bondhold to maturity and can be found by solving for r in the following bond pricing equation 1 (1. bond price par valsex + coupon where coupon - periodic coupon payment PHYTM/m, periodic discount rate n=years to maturityXm, the total number of payments the number of payments per year YTM = yield to maturity Since we cannot isolator on the left hand side of the equation, we must estimate using an iterative process that requires plugging in different estimates of runtil we narrow in on its correct value. Alternatively, you can find the YTM of a bond using a financial calculator or an Excel spreadsheet. When solving for the YTM using a financial calculator, you will need to input the total number of payments for the bond's par value for FV, the periodic coupon payment for PMT and the bond price for PV, and then compute to find the YTM. Remember to set P/Y and CV io the number of payments per year for different compounding methods and entera negative number for PV. When solving for the YTM of a bond using an Excel spreadsheet, you will need to enter the values of Nper, P, FvPmi and Type into the interest rate function and then multiply the computed periodic interest rate by the number of payments per year to find the YTM: YTMrxm. Pmt and FV must share the same sign and P must be the opposite, due to the direction of Gash flows OK and then click Check Answer Clear All CH MacBook Pro 18 888 re Dil FE & $ 4 3 5 6 7 8 9 0 E R T Y U 0 D F G I J L FINA3001 Summer 2020 Homework: Chapter 6 Homework 5 of 15 (10 complete) Score: 0 of 1 pt P6-7 (similar to) Yield to maturity. What is the yield of each of the following bonds, interest (coupon) is paid quarterly a. What is the yield of the following bond interest (coupon) is paid Quarterly? (Round to two decimal places.) Yield to Maturity Par Value $5,000.00 Years to Maturity 25 Coupon Rate 9% Price $5,000.00 Enter your answer in the newer box and then click Check Answer parts romaning Clear MacBook Pro DO 1933 F 16 % A 1 2 3 $ 4 6 & 7 8 Q tab W E R T Y Y U ps lock S D F G H

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