# Yield to Maturity on a Bond

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

https://brainmass.com/business/bond-valuation/yield-maturity-bond-545980

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

$2.19