Question

What is the yield to maturity of an 8.5% coupon bond with semi-annual coupon payments, with...

What is the yield to maturity of an 8.5% coupon bond with semi-annual coupon payments, with a par value of $1,000, 12 years to maturity, and a current price of $950?

5.25%

9.20%

4.60%

10.50%

0 0
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Answer #1

H24 fc =RATE(H14, H16,-H20, H18)*2 7 YTM Semi Annually: COUPON RATE 8.50% YEARS TO MATURITY NPER 24 (years to maturity x 2) P

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