Business Homework Solutions
Problem
#181814

Yield to maturity

Bonds sell for 1,025, they have a 9 year maturity, annual coupon of $80, par value of 1,000. What is their yield to maturity?


Solution Summary

The solution explains how to calculate the YTM (Yield to Maturity) of a bond using the RATE function in excel

Solution
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Vineet Swarup, MBA - 4.9/5
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