Part 1:

Calculate the yield to maturity (1.e,YTM) for the following bond. The bond matures in 18 years, has a coupon rate of 3.2% with semi-annual payments. The par value of the bond is $1000, while the current market value equals \$905,44, (Round to 100th of a percent and enter your answer as a percentage, 12.34 for 12%)

Answer :

Part 2:

What is the current yield on a zero coupon bond with a remaining life of 10 years, a yield to maturity of 15.6%, and a par value of $1000? (Round to 100th of a percent and enter as a percentage, eg12.34% 12.34 and state as an annual rate)

Answer: