In: Finance
A 30-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8%. (Do not round intermediate calculations. Enter your answers as a percent rounded to 3 decimal places.)
What is the yield to maturity if the bond is selling for $900?
What is the yield to maturity if the bond is selling for $1,100?
What is the yield to maturity if the bond is selling for $1,000?