just 17

and 25 years remaining to maturity. Assume that the current yield to maturity on the bond is 8.60% 17. Compute the yield to maturity of a $1.500 par value bond with a coupon rate of 7.5% (quarterly payments - that is, four times per year) that matures in 25 years. The bond is currently selling for $1.265.00 18. What is the yield to maturity of a $1.000 par value bond with a coupon rate of 9.5% (semi-anno