19.(3/4)/(1/32)=24
20.(3/4)/(1/14)=21/2
21.(1/2)/(1/72)=36
<u>Answer:</u>
The yield to maturity of the bonds is 11%
<u>Explanation:</u>
Price at which the bonds is currently trading = 283.30$
Face Value = $1000
Coupon rate = 2%
Hence the coupon bond rate = $1000 ×2%
= 
=$20
Years to maturity: 20 years
Formula used:
=
Where C is the bond coupon rate
F is the face value
P is the price
N is the number of years
=
=11%
The yield to maturity of the bonds is 11%
Answer:
Please, see the attached files.
Step-by-step explanation:
Please, see the attached files.
Thanks.
Answer:
= 3 -1.202
Step-by-step explanation: