Q2-Considera$1,100-par-valuebondwiththefollowingcharacteristics: A current market price of $1,300,

7 years until maturity,

A5 percentcoupon rate(with interest paid annually).

Wewanttodeterminethediscountratethatsetsthepresentvalueofthebond'sexpectedfuture cash-flow stream equal to the bond's current market price (YTM)

• CalculateYield toMaturity(YTM)
• note : I should to have the answer identical to this example, the present value should be at 3.5% and 5% and YTM range between them