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Utilize the following bond amortization schedule, identify what is the annual yield to maturity? Yield- 2 Date Inteest Coupon Amortization Balance 1,060,082 10/1/1 45,053 50,000
Utilize the following bond amortization schedule, identify what is the annual yield to maturity? Yield- 2 Date Inteest Coupon Amortization Balance 1,060,082 10/1/1 45,053 50,000 4,947 1,055,135 4/1/2 5,157 44,843 50,000 1,049,978 6 10/1/x2 44,62450,000 5,376 1,044,602 7 4/1/x344,396 50,000 5,604 1,038,998 8 10/1/x3 44,157 50 5,843 50,000 1,033,155 9 4/1/x443,90950,000 6,091 1,027,065 10 10/1/4 43,650 50,000 11 4/1/x5 43,380 50,000 1210/1/5 43,099 50,000 13 4/1/x6 42,806 50,000 1,020,715 6,350 6,620 1,014,095 1,007,194 6,901 7,194 1,000,000 4.25% 5.00% 8.50% O 10.0%
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