he Tyler Energy Corporation's $1,000 par bonds currently sell for $940, mature in seven years, and have semiannual coupon payments with a 8.2% annual coupon rate. a. What is the current yield? b. What is the yield to maturity (to the nearest basis point) c. What is the horizon yield for an investor with a 4-year holding period and a reinvestment rate of 6.8% over the period. At the end of the four years, the bonds will sell to yield 8.2%. Please do it on excel.

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4. The Tyler Energy Corporation's $1,000 par bonds currently sell for $940, mature in seven years, and have semiannual coupon payments with a 8.2% annual coupon rate. a. What is the current yield? b. What is the yield to maturity (to the nearest basis point) c. What is the horizon yield for an investor with a 4-year holding period and a reinvestment rate of 6.8% over the period. At the end of the four years, the bonds will sell to yield 8.2%. Please do it on excel.

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