A 25-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8%.
What is the bond's yield to maturity if the bond is selling for $1,090? Enter annual yield to maturity as your answer.
What is the bond's yield to maturity if the bond is selling for $1,000? Enter annual yield to maturity as your answer.
What is the bond's yield to maturity if the bond is selling for $1,290? Enter annual yield to maturity as your answer.