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Suppose a frm has the folousing bend information Years to matiarty: 20 Coigon Rate 65. sem-annual payments Par value. $1000 Pnce: 85% of par value

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Suppose a frm has the folousing bend information Years to matiarty: 20 Coigon Rate 65. sem-annual payments Par value. $1000 Pnce: 85% of par value Caiculate the yedd-to-maturity (VTM) on the bond Enter percentages as decinals and roand to a decimals)

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