Maturity bond with face value

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Reference no: EM13917373

A 30-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 10%.

a. What is the bond’s yield to maturity if the bond is selling for $1,020? Enter annual yield to maturity as your answer. (Do not round intermediate calculations. Round your answer to 3 decimal places.)

Annual yield to maturity               %

b. What is the bond’s yield to maturity if the bond is selling for $1,000? Enter annual yield to maturity as your answer. (Do not round intermediate calculations.)

Annual yield to maturity               %

c. What is the bond’s yield to maturity if the bond is selling for $1,220? Enter annual yield to maturity as your answer. (Do not round intermediate calculations. Round your answer to 3 decimal places.)

Annual yield to maturity               %

Reference no: EM13917373

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