How do I calculate yield to maturity on a $100 bond>

Business & Finance
Tutor: None Selected Time limit: 1 Day

How do I calculate yield to maturity on a $100 bond paying 7.45% interest, over a 10 year period. The maturity date is 10/15/2097.

Nov 17th, 2015

Thank you for the opportunity to help you with your question!

You need to have both par value and market value to be able to calculate the YTM. Assuming both Par and market value are same at $100 the YTM=7.45%

Please let me know if you need any clarification. I'm always happy to answer your questions.
Nov 17th, 2015

Studypool's Notebank makes it easy to buy and sell old notes, study guides, reviews, etc.
Click to visit
The Notebank
...
Nov 17th, 2015
...
Nov 17th, 2015
Dec 11th, 2016
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer