What is the yield to maturity on bond

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Reference no: EM13877813

Suppose the following bond quote for the Beta Company appears in the financial page of today's newspaper. Assume the bond has a face value of $1,000 and the current date is April 15, 2009. What is the yield to maturity on this bond if it is compounded semi-annually? How would you calculate this on a financial calculator?

Coupon - 9.595

Maturity - April 15, 2023

Last Price - 76.915

EST Spread - 431

UST – 10

Reference no: EM13877813

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