Yield to maturity. What is the yield of each of the following bonds if interest? (coupon)...

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Finance

Yield to maturity. What is the yield of each ofthe following bonds if interest? (coupon) is paidsemiannual?ly? (Round to two decimal? places.)
Par Value
Coupon Rate
Years to
Maturity
Yield to
Maturity
Price
?$1,000.00
12?%
15
??
?$1,000.00
?$5,000.00
11?%
10
??
?$6,010.00
?$5,000.00
8?%
25
??
?$7,120.00
?$1,000.00
7?%
30
??
?$700.00

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4.1 Ratings (471 Votes)

Answer to Part 1 Par Value 1000 Current Price 1000 Annual Coupon Rate 12 Semiannual Coupon Rate 6 Semiannual Coupon 61000 60 Time to Maturity 15 years Semiannual Period to Maturity 30 Let semiannual YTM be i 1000 60 PVIFAi 30 1000 PVIFi 30 Using financial calculator N 30 PV 1000 PMT See Answer

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Transcribed Image Text

Yield to maturity. What is the yield of each ofthe following bonds if interest? (coupon) is paidsemiannual?ly? (Round to two decimal? places.)Par ValueCoupon RateYears toMaturityYield toMaturityPrice?$1,000.0012?%15??______?$1,000.00?$5,000.0011?%10??______?$6,010.00?$5,000.008?%25??______?$7,120.00?$1,000.007?%30??______?$700.00

Par Value	Coupon Rate	Years to Maturity	Yield to Maturity	Price
?$1,000.00	12?%	15	??______	?$1,000.00
?$5,000.00	11?%	10	??______	?$6,010.00
?$5,000.00	8?%	25	??______	?$7,120.00
?$1,000.00	7?%	30	??______	?$700.00