What is the yield to maturity for the bond, Financial Accounting

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What is the yield to maturity for the bond

Problem

A bond has a par value of $1000, pays $70 semi-annually and has a maturity of 15 years. If a bond earns 12% per year, what is the price of the bond? What is the yield to maturity for the bond? What would be the Bond's price if the rate earned declined to 8% per year?

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Financial Accounting: What is the yield to maturity for the bond

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Financial Accounting: What is the yield to maturity for the bond

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