Yield to maturity (YTM) of the Bond
Variables |
Financial Calculator Keys |
Figure |
Par Value/Face Value of the Bond [$1,000] |
FV |
1,000 |
Coupon Amount [$1,000 x 5.774% x ½] |
PMT |
28.87 |
Market Interest Rate or Yield to maturity on the Bond |
1/Y |
? |
Maturity Period/Time to Maturity [(May 2016 to May 2023) x 2] |
N |
14 |
Bond Price/Current Market Price of the Bond [-$1,000 x 104.6552%] |
PV |
-1,046.552 |
We need to set the above figures into the financial calculator to find out the Yield to Maturity of the Bond. After entering the above keys in the financial calculator, we get the yield to maturity on the bond (1/Y) = 2.49%
The semi-annual Yield to maturity = 2.49%.
Therefore, the annual Yield to Maturity of the Bond = 4.98% [2.94% x 2]
“Hence, the Yield to maturity of (YTM) of the Bond will be 4.98%”
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is cur...
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2016. The bonds have a par value of $1,000 Maturity Moly May 21 May 26 Mary 36 Rate 27 5.624 6.203 Yid 6159 Asked Cha 103.55661035444 3119 104 5058 104.8513419 2 .5609 4.191 In the above table, find the Treasury bond that matures in May 2036. What is the asked price of this bond in dollars? (Do not round...
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2016. The bonds have a par value of $1,000. Rate Maturity Mo/Yr Bid Asked Chg Ask Yld ?? May 18 103.5362 103.8235 +.3204 5.850 5.850 May 23 104.1762 104.3850 +.4513 ?? 6.125 May 33 ?? ?? +.6821 3.870 In the above table, find the Treasury bond that matures in May 2023. What is your yield to maturity if you...
You find the following Treasury bond quotes. To calculate the number of years until matunity, assume that it is ourrently May 2016. The bonds have a par value of $1,000. Maturity MoYr May 23 May 28 May 38 Ask Yid 2.429 Rate Bid 103.5527 104.5017 Asked 103 6409 104.6474 Chg +3080 +4353 5470 5.474 6.188 4.131 In the above table, find the Treasury bond that matures in May 2023, What is the coupon rate for this bond? (Do not round...
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2016. The bonds have a par value of $1,000. Rate Maturity Mo/Yr Bid Asked Chg Ask Yld ?? May 20 103.4729 103.5457 +.3132 6.179 5.674 May 25 104.5069 104.6526 +.4401 ?? 6.208 May 35 ?? ?? +.5522 4.211 In the above table, find the Treasury bond that matures in May 2025. What is your yield to maturity if you...
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond has a par value of $1,000. Rate Maturity Mo/Yr Bid Asked Chg Ask Yld ?? May 28 103.4599 103.5327 +.3287 5.979 6.202 May 33 104.4939 104.6396 +.4281 ?? 6.158 May 43 ?? ?? +.5392 4.011 In the...
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2016. The bonds have a par value of $1,000. Rate Maturity Mo/Yr Bid Asked Chg Ask Yld ?? May 22 103.4560 103.5288 +.3248 5.919 6.052 May 27 104.4900 104.6357 +.4245 ?? 6.143 May 37 ?? ?? +.5353 3.951 In the above table, find the Treasury bond that matures in May 2027. What is your yield to maturity if you...
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2016. The bonds have a par value of $1,000. Rate Maturity Mo/Yr Bid Asked Chg Ask Yld ?? May 23 103.5527 103.5405 +.3080 6.099 5.474 May 28 104.5017 104.6474 +.4353 ?? 6.188 May 38 ?? ?? +.5470 4.131 In the above table, find the Treasury bond that matures in May 2038. What is the asked price of this bond...
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2016. The bonds have a par value of $1,000. Maturity Mo/Yr Ask Yld Rate ?? Bid Chg +.3093 +4365 +.5483 Asked May 21 May 26 May 36 103.5540 104.5030 ?? 103.5418 6.119 104.6487 ?? 5.524 ?? 6.193 4.151 In the above table, find the Treasury bond that matures in May 2036. What is the asked price of this bond...
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2016. The bonds have a par value of $1,000. Rate Maturity Mo/Yr Bid Asked Chg Ask Yld ?? May 24 103.5436 103.6314 +.3274 2.289 6.152 May 29 104.4926 104.6383 +.4269 ?? 6.153 May 39 ?? ?? +.5379 3.991 In the above table, find the Treasury bond that matures in May 2024. What is the coupon rate for this bond?...
You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2016. The bonds have a par value of $1,000. Rate Maturity Mo/Yr Bid Asked Chg Ask Yld ?? May 21 103.5540 103.6422 +.3093 2.449 5.524 May 26 104.5030 104.6487 +.4365 ?? 6.193 May 36 ?? ?? +.5483 4.151 In the above table, find the Treasury bond that matures in May 2021. What is the coupon rate for this bond?...