In: Finance
A 30-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 7.8%. (Do not round intermediate calculations. Enter your answers as a percent rounded to 3 decimal places.)
A. What is the yield to maturity if the bond is selling for $980? |
B. What is the yield to maturity if the bond is selling for $1,000? |
C. What is the yield to maturity if the bond is selling for $1,165? |
SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE
As nothing was mentioned excel is used.