Purchase Solution

Yield to Maturity on a Bond

Not what you're looking for?

Ask Custom Question

Suppose the following bond quote for the Beta Company appears in the financial page of today's newspaper. Assume the bond has a face value of $1,000 and the current date is April 15, 2009. What is the yield to maturity on this bond?

Coupon: 9.595
Maturity: April 15, 2023
Last Price: 76.915
EST Spread: 431
UST: 10

Purchase this Solution

Solution Summary

This solution provides the correct answer with explanation to the yield to maturity question presented.

Solution Preview

This can only be answered with a financial calculator due to the variables involved. You can't calculate it by hand. ...

Purchase this Solution


Free BrainMass Quizzes
Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.

Business Processes

This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.

Production and cost theory

Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.

Writing Business Plans

This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.

Team Development Strategies

This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.