Calculate the yield to maturity ytm on this, Financial Management

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Calculate the yield to maturity ytm on this

Yield to maturity The Salem Company bond currently sells for ?$1,086.92 has a coupon(rate)of 17% and a $1,000 par value, pays interest annually and has 12 years to maturity.

a. Calculate the yield to maturity (YTM) on this bond.

The number of years to? maturity, n?, is ____ years.

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Financial Management: Calculate the yield to maturity ytm on this

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Financial Management: Calculate the yield to maturity ytm on this

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