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Bond ytm

Business & Finance
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If you plan to purchase a $1,000 par bond that currently sells $891 and pays interest semi-annually based on its coupon rate of 9.5% and has 15 years remaining to maturity what would the yield to maturity? please show work
Nov 20th, 2013

ytmnov20.xlsx ,

ytmnov20.docx 

Please find the attachmnts.

The Excel file gives the full details of calculation.

Word file employs a calculator 

Nov 20th, 2013
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the choices are 4.7%. 6.8%. 9.5%. 11.0%. 14.5%
Nov 20th, 2013

11.0% ( 5.5% semi annually)

Nov 20th, 2013

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Nov 20th, 2013
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Nov 20th, 2013
Dec 5th, 2016
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