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:
- 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.
- 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.
- 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 |