Calculate the yield to maturity on the bonds

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Calculate the yield to maturity on the following bonds.

a. A 9.8 percent coupon (paid semiannually) bond, with a $1,000 face value and 23 years remaining to maturity. The bond is selling at $945. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161))

 Yield to maturity % per year  

b. An 10.3 percent coupon (paid quarterly) bond, with a $1,000 face value and 10 years remaining to maturity. The bond is selling at $905. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161))

 Yield to maturity % per year  

c. An 9.3 percent coupon (paid annually) bond, with a $1,000 face value and 10 years remaining to maturity. The bond is selling at $1,055. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161))

Yield to maturity % per year  

Reference no: EM131978410

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