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    ch-53k's Avatar
    ch-53k Posts: 1, Reputation: 1
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    #1

    Oct 2, 2007, 12:17 PM
    Bond Yeilds
    An AT&T bond has 10 years until maturity, a coupon rate of 8 percent, and sells for $1,100.
    a. What is the current yield on the bond?
    b. What is the yield to maturity?
    ake_finance's Avatar
    ake_finance Posts: 19, Reputation: 1
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    #2

    Oct 5, 2007, 11:23 AM
    Suppoes that interest is paid annually and face value = 1000, current yield = 7.27%
    YTM = 6.6023%
    It will be much easier if you use the financial calculator.
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