Problem
Calculate the yield to maturity for each of the following bonds.
a. A 20-year bond with a coupon of $100, principle payment at maturity of $2,000, and a current price of $2,000.
b. A 5-year bond with a coupon of $500, principle payment at maturity of $10,000, and a current price of $8,000.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.