Question

A 9.3 percent coupon (paid semiannually) bond, with a \$1,000 face value and 18 years remaining...

A 9.3 percent coupon (paid semiannually) bond, with a \$1,000 face value and 18 years remaining to maturity. The bond is selling at \$970. An 8.3 percent coupon (paid quarterly) bond, with a \$1,000 face value and 10 years remaining to maturity. The bond is selling at \$900. An 11.3 percent coupon (paid annually) bond, with a \$1,000 face value and 6 years remaining to maturity. The bond is selling at \$1,050. Round your answers to 3 decimal places!!!!. (e.g., 32.161))

--> yield to maturity (%per year)

 FV 1000 PMT 46.5 =1000*9.3%/2 NPER 36 (18 x 2) PV 970 Rate(YTM) 9.655% =RATE(36,46.5,-970,1000)*2 FV 1000 PMT 20.75 =1000*8.3%/4 NPER 40 (10 x 4) PV 900 Rate(YTM) 9.886% =RATE(40,20.75,-900,1000)*4 FV 1000 PMT 113 =1000*11.3% NPER 6 PV 1050 Rate(YTM) 10.147% =RATE(6,113,-1050,1000) Note: I have tried my best for correct solution and work , still you need any further help, please ask in comment and don’t forget to rate positively.

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