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A​ bond's market price is ​$1 comma 150. It has a ​$1 comma 000 par​ value,...

A​ bond's market price is ​$1 comma 150. It has a ​$1 comma 000 par​ value, will mature in 8 ​years, and has a coupon interest rate of 9 percent annual​ interest, but makes its interest payments semiannually. What is the​ bond's yield to​ maturity? What happens to the​ bond's yield to maturity if the bond matures in 16 ​years? What if it matures in 4 ​years? a.  The​ bond's yield to maturity if it matures in 8 years is nothing​%. ​ (Round to two decimal​ places.)

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As nothing was mentioned excel is used.

jeff jeffy answered 3 weeks ago
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