In: Finance
What is the yield of each of the following bonds if interest (coupon) is paid annually ?
| 
 Par Value  | 
 Coupon Rate  | 
 Years to Maturity  | 
 Yield to Maturity  | 
 Price  | 
||
| 
 $1,000.00  | 
 8%  | 
 20  | 
 ?  | 
 $800.00  | 
||
| 
 $1,000.00  | 
 9%  | 
 5  | 
 ?  | 
 $1,000.00  | 
||
| 
 $5,000.00  | 
 5%  | 
 30  | 
 ?  | 
 $4,310.00  | 
||
| 
 $5,000.00  | 
 7%  | 
 5  | 
 ?  | 
 $4,260.00  | 
||
Ans:


Note:
1. As there has no specific process mentioned calculation done on the basis of approximate method.