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

User Generated

cnhy_tnzol

Business Finance

Description

How do  calculate yield to maturity on a $100 bond, paying a 7.45% interest rate over a period of 10 years.

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Explanation & Answer

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To calculate YTM, you need to have PAR value and market value of the Bond. Assuming the Par value is $100, YTM will be 7.45%

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Anonymous
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