Assume a 1,000 face value bond with 20 years left until maturity. If the coupon rate is 10%, paid semi-annually, and the current yield is 8.85%, what should be the yield to maturity on this bond? Show your work.
Please show how to solve using a financial calculator.
p/y=2
FV=1,000
n=20*2
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here