I Ian New member Jun 26, 2009 #1 Calculate the yield to maturity of a zero coupon bond with a face value of $1000, maturing in 10 years and selling for a price of $829.30. a)6.44% b)8.45% c)4.16% d)1.89% e)12%
Calculate the yield to maturity of a zero coupon bond with a face value of $1000, maturing in 10 years and selling for a price of $829.30. a)6.44% b)8.45% c)4.16% d)1.89% e)12%
B Bassel K New member Jun 26, 2009 #2 D), Using your financial calculator just enter 1000 into FV, 0 PMT, -829.3 PV, 10 N, then Compute I/Y. The answer is 1.8894, so D)
D), Using your financial calculator just enter 1000 into FV, 0 PMT, -829.3 PV, 10 N, then Compute I/Y. The answer is 1.8894, so D)
