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paranee
Nov 5, 2010, 10:03 PM
a bond has a $1,000 per value, 10 years to maturity, and a 7% annual coupon and sells for $985.
a. What is its yield to maturity (YTM)?
b. Assumne that the yield to maturity remains constant for the next 3 years. What will the price be 3 years from today?

Just Looking
Nov 6, 2010, 01:02 PM
Is this homework? If so, please show your work. We don't just do homework, but we can tell if where you have gone right or wrong. Thanks.