Using a financial calculator, or whatever method you choose, compute the YTM (Yield to Maturity) for each of these five bonds in the table below. The face value for each bond is 100.

 

"One issue is how to handle fractional years for bond maturities, especially knowing that they are semi-annual bonds. For simplicity, he decided to round the number of periods when computing the YTM of each bond, as seen in Table 1 below."

Exhibit 1: Bombardier Bonds

Issue	Price	Years to Maturity
Mar. 2025 - 7.50%	$132.4753	1
Jun. 2026 - 7.13%	$125.403062	3
April 2027 - 7.88%	$127.5166	3
Feb. 2028 - 6.00%	$123.601138	4
May 2034 - 7.45%	$126.906923	10