Intercontinental Baseball Manufacturers (IBM) has an outstanding bond with a $1,000 face value that matures in 10 years. The bond, which pays $25 interest every six months ($50 per year), is currently selling for $598.55. What is the bond's yield to maturity?

Intercontinental Baseball Manufacturers (IBM) has an outstanding bond with a $1,000 face value that matures in 10 years. The bond, which pays $25 interest every six months ($50 per year), is currently selling for $598.55. What is the bond's yield to maturity?

. A year ago, Melissa purchased 50 shares of common stock for $20 per share. During the year the value of her stock decreased to $18 per share. If the stock did not pay a dividend during the year, what yield did Melissa earn on her investment?