Use Goal Seek in Excel, to solve for the yield to maturity (market rate of return)...

Use Goal Seek in Excel, to solve for the yield to maturity (market rate of return) on a corporate bond with a coupon rate of 4% per year, a maturity of 20 years, and a market value (price) of $1,210. Assume semi-annual coupon payments and a maturity payment of $1,000 per bond.

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jeff jeffy answered 2 years ago

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