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Yield to maturity The bond shown in the following table pays interest annually. (Click on the icon locatec on the top-right corner of the data

Yield to maturity The bond shown in the following table pays interest annually. (Click on the icon locatec on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) a. Calculate the yield to maturity (YTM) for the bond. b. What relationship exists between the coupon interest rate and yield to maturity and the par value and market value of a bond? Explain. a. The yield to maturity (YTM) for the bond is \%. (Round to two decimal places.)

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