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you are interested in purchasing a bond from solutions the bond had a 40 year maturity when it was issued which was 10 years ago
you are interested in purchasing a bond from solutions the bond had a 40 year maturity when it was issued which was 10 years ago it's face value was 1000 $ the bond pays quarter interest at an 8 % coupon rate the bond currently trades at a price of 950 $ what is the ytm ? a- 0.846
b- 0.92
c- 0.889
d- 0.222
e- a different value
thank u
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