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 $920? |
Yield to maturity | % |
b. | What is the yield to maturity if the bond is selling for $1,000? |
Yield to maturity | % |
c. | What is the yield to maturity if the bond is selling for $1,125? |
Yield to maturity | % |
SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE
As nothing was mentioned excel is used.