Explore BrainMass

Explore BrainMass

    Yield to maturity for a bond

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    A corporate bond with a face value of $1000 matures in 4 years and had an 8% coupon paid at the end of each year. The current price of the bond is $932. What is the yield to maturity for this bond?

    © BrainMass Inc. brainmass.com March 4, 2021, 11:34 pm ad1c9bdddf
    https://brainmass.com/business/bond-valuation/yield-to-maturity-for-a-bond-435244

    Solution Preview

    Please see the attached file.

    A corporate bond with a face value of $1000 matures in 4 years and had an 8% coupon paid at the end of each year. The current price of the bond is $932. What is the yield to maturity for this bond?

    Yield to maturity

    Yield to maturity can be ...

    Solution Summary

    Calculates the yield to maturity for a bond.

    $2.49

    ADVERTISEMENT