Claculate yield to maturity on bond


A bond has 14 years left to maturity. It pays $40 semi-annual coupon and a par value of $1,000. The bond is callable in 5 years at a call price of $1050. The price of the bond is $1,075 as of today. What is the Yield to maturity on this bond

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Claculate yield to maturity on bond
Reference No:- TGS055362

Expected delivery within 24 Hours