Problem:
Finding the price of a 10 year pure discount bond paying $1000 at maturity if the YTM is 5%, 10% and 15%
Also, the same company issued a bond with a par of $1000, time to maturity of 20 years, a coupon rate of 8% with semiannual payments. Please calculate the price of this bond if the YTM is 8%, 10% and 6%.
Lastly, If the same company issued 12 year bonds 2 years ago at a coupon rate of 8.6% and the bonds make semiannual payments, if the bonds currently sell for 97% of par value, what is the YTM?