Finding the yield to maturity on the bonds


Question:

Consider some bonds with one annual coupon payment of 7.25%. The bonds have a par value of $1,000, a current price of $1,125, and they will mature in 13 years. What is the yield to maturity on these bonds?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Finding the yield to maturity on the bonds
Reference No:- TGS02055984

Now Priced at $20 (50% Discount)

Recommended (92%)

Rated (4.4/5)