What is the bonds yield to maturity

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1. A bond makes annual interest payments of $75. The bond matures in four years, has a par value of $1,000, and sells for $975.30. What is the bond's yield to maturity (YTM)?

2. Johanson VI Advisors issued $1,000 par value bonds a few years ago with a coupon rate of 7 percent, paid semiannually. After the bonds were issued, interest rates fell. Now with three years remaining before they mature, the bonds sell for $1,055.08. What YTM do these bonds offer?

3. A bond offers a 6 percent coupon rate and sells at par. What is the bond's yield to maturity?

Reference no: EM131329249

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