Ask Experts Questions for FREE Help !
Ask
    Jan Hunter's Avatar
    Jan Hunter Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Feb 15, 2010, 08:22 AM
    Bond $1000 par,10year maturity,annual 7% coupon rate and sell $985,what is YTM
    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's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #2

    Feb 16, 2010, 03:22 AM

    Please see the guidelines for posting homework:
    https://www.askmehelpdesk.com/financ...-b-u-font.html
    shelby02's Avatar
    shelby02 Posts: 1, Reputation: 1
    New Member
    		  
    #3

    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's Avatar
    paigedro Posts: 1, Reputation: 1
    New Member
    		  
    #4

    Nov 26, 2010, 03:09 PM
    7.22%, 988.46
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Semi-annual payments and Zero-Coupon Bonds [ 1 Answers ]

Hey! I was wondering if if someone could explain what a zero-coupon bond is? Also, how would I do the PV of mortgages and finding semi-annual payments? I just need a brief summary! Thank you SO much!

Coupon rate on a bond [ 2 Answers ]

:eek: I have to find the coupon rate on a bond but every formula I find requires the coupon rate to already be configured. How do I work backwards to get what I need? Example problem - Samantha's bonds sell for $1065.15. The bond life is 9 years and the yield to maturity is 7 percent. What...

View more questions Search