Find what is the current yield of the bond

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Problem 1: An annual bond has a face value of $10,000, a coupon rate of 4.8%, a yield to maturity of 9.6% and has 6 years remaining to maturity. What is the price of the bond?

Problem 2: A semi-annual bond has a face value of $1,000, a coupon rate of 4.8%, a yield to maturity of 9.6% and has 6 years remaining to maturity. What is the price of the bond?

Problem 3: An annual bond has a face value of $1,000, a coupon rate of 6.9%, a yield to maturity of 9.9%. The price of the bond is $904.49. What is the current yield of the bond?

Reference no: EM132663232

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