What is the bonds yield to maturity expressed as an apr


Suppose a? ten-year, $1,000 bond with an 8.6 % coupon rate and semiannual coupons is trading for $ 1034.73

a. What is the? bond's yield to maturity? (expressed as an APR with semiannual? compounding)?

The? bond's yield to maturity is__ %. (Round to two decimal? places.)

b. If the? bond's yield to maturity changes to 9.5 % ?APR, what will be the? bond's price?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What is the bonds yield to maturity expressed as an apr
Reference No:- TGS02784164

Expected delivery within 24 Hours