Number 15

Calculate the yield to maturity on the following bonds. a. A 8.2 percent coupon (paid semiannually) bond, with a $1, 000 face value and 22 years remaining to maturity. The bond is selling at $895. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161)) Yield to maturity % per year b. An 5.3 percent coupon (paid quarterly) bond, with a $1, 000 face value and 10 years remaining to maturity. The bond is selling at $915. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161)) Yield to maturity % per year c. An 7.3 percent coupon (paid annually) bond, with a $1, 000 face value and 8 years remaining to maturity. The bond is selling at $1.065. (Do not round intermediate calculations. Round your answer to 3 decimal places.(e.g., 32.161)) Yield to maturity % per year