Suppose you buy a 30-yar,

6%

bond for

$980

. It has a face value of

$1,000

. What is the yield to maturity for this bond? State your answer as an annual percentage rate.\

$980.00=$30.00**(1-[(1)/((1+r)^(60))])/(r)+$(1000)/((1+r)^(60))=>r=0.0307

\ Therefore,

YTM=,6.15%

\ 4. Suppose you are considering buying a 10 year

5%

bond that has a current price of 925.61 ? What yield to maturity can you expect from this investment?

Suppose you buy a 30 -year, 6% bond for $980. It has a face value of $1,000. What is the yield to maturity for this bond? State your answer as an annual percentage rate. $980.00=$30.00[1[1/(1+r)60]]/r+$1000/(1+r)60r=0.0307Therefore,YTM=6.15% Suppose you are considering buying a 10 year 5% bond that has a current price of 925.61 ? What yield to maturity can you expect from this investment