The table below shows basic information about five corporate bonds (F – J). Using the information given, calculate the bond’s yield-to-maturity based on the Current Market Price. NOTE: be sure to state the yield-to-maturity in annual terms.

NOTE: Assume that all bonds make coupon payments semiannually.

Coupon Years to Current

Bond Par Value Interest Rate Maturity Market Price

F $1000 9% per year 8 $ 720

G $1000 12% per year 16 $ 560

H $1000 12% per year 12 $1000

I $1000 15% per year 10 $1120

J $1000 5% per year 30 $1250