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

Business & Finance
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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

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