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What is the YTM of a 2 - year bond with 1 0 % coupon rate trading at 1 0 5 percent of the face

What is the YTM of a

2 -

year bond with

10 %

coupon rate trading at

105

percent of the face value of $

1, 000 ?

Will the BEY be greater or less than

10 % ?

What if the price drops to $

900 ?

What are the semiannual coupon payments?

How many coupon payments are made?

How much is the final payment? When does it occur?

What is the YTM

?

The BEY?

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