Calculate the yield to maturity (as an APR!) on August 5th, 2019 for a 4.5% coupon bond (APR) that makes semi-annual payments, was bought on August 5th, 2019 for $1,080, matures on August 1st, 2023, and has a redemption or face value of $1,000. Do the calculation with the "BOND" function on your financial calculator. Show how you entered the information into each variable (note: use 360 for the day count method).

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ANS WER To calculate the yield to maturity as an APR on August 5 th 2019 for a 4 5 cou... View the full answer