A 9.5 percent coupon (paid semiannually) bond, with a $1,000 face value and 20 years remaining to maturity. The bond is selling at $960.

Calculate the yield to maturity on the following bonds:

  1. A 9.5 percent coupon (paid semiannually) bond, with a $1,000 face value and 20 years remaining to maturity. The bond is selling at $960.
  2. An 10 percent coupon (paid quarterly) bond, with a $1,000 face value and 10 years remaining to maturity. The bond is selling at $902.
  3. An 9 percent coupon (paid annually) bond, with a $1,000 face value and 6 years remaining to maturity. The bond is selling at $1,052
. Yield to maturity 9.965selected answer correct % per year
b. Yield to maturity 11.674selected answer correct % per year
c. Yield to maturity 7.879selected answer correct % per ye