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View Full Version : Bond $1000 par,10year maturity,annual 7% coupon rate and sell $985,what is YTM


Jan Hunter
Feb 15, 2010, 08:22 AM
If a bond has a $1,000 par value, 10 years to maturity, and a 7% annual coupon and sells for $985, what is its yield to maturity(YTM)? What will the price be 3 years from today if the YTM remains constant for the next 3 years?

morgaine300
Feb 16, 2010, 03:22 AM
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shelby02
Jul 9, 2010, 06:58 AM
If a bond has a $1,000 par value, 10 years to maturity, and a 7% annual coupon and sells for $985, what is its yield to maturity(YTM)? What will the price be 3 years from today if the YTM remains constant for the next 3 years?

paigedro
Nov 26, 2010, 03:09 PM
7.22%, 988.46