A co-worker of yours was discussing her investments with a broker. Your coworker was confused because she has purchased a 10% bond, but the broker kept repeating it had a 9% yield to maturity. Explain the concept of yield to maturity to your coworker.

Instructions
Use the RATE, NPER, and PV functions to solve for the unknowns in the table below.
Yield to
Price MaturityMaturity
$300 30 FORMULA
$300 FORMULA 8%
FORMULA 10 10%

Quigley Inc.'s bonds currently sell for $1,080 and have a par value of $1,000. They pay a $100 annual coupon and have a 15-year maturity, but they can be called in 5 years at $1,125. What is their yield to maturity (YTM)?

The Pioneer Petroleum Corporation has a bond outstanding with an $80 annual interest payment, a market price of $900, and a maturity date in two years. Assume the par value of the bond is $1,000. Find the Approximate Yield to Maturity.

Which bond(s) has a 10% yield with an semiannual coupon payment of 8%. Either a $1000 face value bond with 5 year maturity selling for $964.54 or a $1000 face value bond with 20 year maturity selling for $828.36 or a $1000 face value bond with 10 year maturity selling for $875.39.
Show me the steps to solve this problem.
T

Use the RATE, NPER, and PV functions to solve for "X". Please show the forumulas utilized in an excel format and explain.
Face Value of Bond $1,000 (Zero Coupon)
Price - $300
Maturity (Years) - 30
Yield to Maturity - X%
Price - $300
Maturity (Years) - X
Yield to Maturity - 8%
Price - $X
Maturity (Years) - 10

A bond has 16 years until maturity, a coupon rate of 5.8%, and sells for $1,109.
a. What is the current yield on the bond? (Round your answer to 2 decimal places.)
Current yield %
b. What is the yield to maturity? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Yield to mat

My company's bonds are currently selling for $1,157.75 per $1,000 par-value bond. The bonds have a 10% coupon rate and will mature in 10 years. What is the approximate yield to maturity of the bonds?

Each of the bonds shown in the following table pays interest annually.
Bond A $1,000 Coupon interest rate 9% Years to maturity 8 Current Value $820
Bond B $1,000 Coupon interest rate 12% Years to maturity 16 Current Value $1,000
Bond C $500 Coupon interest rate 12% Years to maturity 12 Current Value $560
Bond D $1,000 Cou

26. Find the future value FV of the given present value of $3,690 at 2 3/4% for eight years.
34. Find the future value FV of the given present value of $12,450 at 5 7/8% for 630 days.
47. Find the maturityvalue FV of the given loan amount of $1,200 borrowed at 7 1/8% for three years.
55. Find the maturityvalue FV of the