A 30-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8.00%. Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 3 decimal places. a. What is the yield to maturity if the bond is selling for $930? Yield to maturity b. What is the yield to maturity if the bond is selling for $1,000? Yield to maturity % Yield to maturity 8.000 % c. What is the yield to maturity if the bond is selling for $1,135? %

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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A 30-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8.00%.
Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 3 decimal places.
a. What is the yield to maturity if the bond is selling for $930?
Yield to maturity
b. What is the yield to maturity if the bond is selling for $1,000?
Yield to maturity
%
Yield to maturity
8.000 %
c. What is the yield to maturity if the bond is selling for $1,135?
%
Transcribed Image Text:A 30-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8.00%. Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 3 decimal places. a. What is the yield to maturity if the bond is selling for $930? Yield to maturity b. What is the yield to maturity if the bond is selling for $1,000? Yield to maturity % Yield to maturity 8.000 % c. What is the yield to maturity if the bond is selling for $1,135? %
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