a) Nominal yield to maturity:
=RATE(nper,pmt,pv,fv)
=RATE(12*2,8%/2*1000,-1114.81,1000)*2
=6.60%
b) Yield to call:
=RATE(6*2,8%/2*1000,-1114.81,1061)*2
=6.51%
c) Statement I is correct
GALE MINDIR Ch 07 End-of-Chapter Problems Check My Work (No more tries available) o Problem 7-4...
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