What is the annual yield to maturity ytm of a 10-year bond


What is the annual yield to maturity (YTM) of a 10-year bond, $1000 par, 8% coupon paid semi-annually, currently selling for $975?

Solution Preview :

Prepared by a verified Expert
Finance Basics: What is the annual yield to maturity ytm of a 10-year bond
Reference No:- TGS02924387

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)