Find the yield to maturity for a 15-year, 8% annual coupon rate, $1,000 par value bond...

Find the yield to maturity for a 15-year, 8% annual coupon rate, $1,000 par value bond if the bond sells for $1,218 currently? We assume that interest is paid on this bond annually.

		2.90%
		5.79%
		6.64%
		6.86%

calculate the bond’s current yield.

		6.20%
		6.57%
		6.80%
		7.18%

calculate the bond’s capital gain yield.

		-0.78%
		0.78%
		6.22%
		6.57%

Expert Solution

jeff jeffy answered 2 years ago

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