NUMBER 7-3

rity, and a. What is its yield to maturity (YTM)? the price be 3 years from today? 7-3 BOND VALUATION Nesmith Corporation's outstanding bonds have a $1,000 par value, an b. Assume that the yield to maturity remains constant for the next three years. What will YIELD TO MATURITY A firm's bonds have a maturity of 8 years with a $1,000 face value, 8% semiannual coupon, 14 years to maturity, and an 11% YTM. What is the bond's price have an 11% semiannual coupon, are callable in 4 years at $1,154, and currently sell at a 7-4 200 What are their nominal yield to maturity and their nominal yield to call these bonds