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The Mignon Chef Co. has 10.7 percent coupon bonds on the market with eleven years left to maturity. The bonds make annual payments and have
The Mignon Chef Co. has 10.7 percent coupon bonds on the market with eleven years left to maturity. The bonds make annual payments and have a par value of $1,000. If the bonds currently sell for $1,161.06 , what is the YTM? (Do not round intermediate calculations.) 11 NPER Coupon rate Coupons per year Bond Price Face value ($) Redemption 10.7% 1 $ 1,161.06 $1,000.00 100 Input all stated data in numeric form here: Annual coupon rate Settlement date Maturity date Bond price (% of par) YTM Answer must be completed using the YIELD fx for credit: YTM Yield to maturity Please post a screenshot of the YIELD fx for reference
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