What is the yield to maturity of bond


Problem:

A Treasury bond with a maturity of 25 years has an ask price quoted at 139:31. The coupon rate is 4.9 percent, paid semiannually.

Required:

Question 1: What is the yield to maturity of this bond? Explain comprehensively and provide all workings and methods.

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Finance Basics: What is the yield to maturity of bond
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