Question
Yield to maturity The bond shown in the following table pays interest annually . Par value Coupon interest rate Years to maturity Current value $100
Yield to maturity
The bond shown in the following table pays interest annually.
| Par value | Coupon interest rate | Years to maturity | Current value | |
| $100 | 13% | 19 | $140 |
a. Calculate the yield to maturity (YTM) for the bond. The yield to maturity (YTM) for the bond is nothing % (Round to two decimal places.)
b. What relationship exists between the coupon interest rate and yield to maturity and the par value and market value of a bond? Explain.
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The Digital Transformation Of Auditing And The Evolution Of The Internal Audit
Authors: Nabyla Daidj
1st Edition
1032103914, 978-1032103914
