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A 25-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8%.
A 25-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8%. (please round answers to 3 decimal places)
a.What is the bond's yield to maturity if the bond is selling for $1,050? Enter annual yield to maturity as your answer.
Annual yield to maturity %
b.What is the bond's yield to maturity if the bond is selling for $1,000? Enter annual yield to maturity as your answer.
Annual yield to maturity %
c.What is the bond's yield to maturity if the bond is selling for $1,250? Enter annual yield to maturity as your answer.
Annual yield to maturity %