$101\mathrm{.}8865\%2$ years

B $100\mathrm{.}0006\%2$ years

C $97\mathrm{.}3275\%3$ years

$7.$ Calculate the Yield to Maturity of each bond.

Bond A

Bond B

Bond C

Solutions

$1.$ B $101\mathrm{.}36($N $=3,$ PMT $=5\mathrm{.}5,$ I$/$Y $=5\mathrm{.}5,$ FV $=100,$ CPT PV$)$

$2.$ C $90\mathrm{.}11($N $=2,$ PMT $=3,$ I$/$Y $=4,$ FV $=100,$ CPT PV$)$

$3.$ A $95\mathrm{.}00($N $=6,$ PMT $=4\mathrm{.}5,$ I$/$Y $=5\mathrm{.}5,$ FV $=100$ CPT PV$)$

$4.$ B

$5.$ B

$6.$ B

$7.$ Bond A $=4\mathrm{.}01\%,$ Bond B $=6\mathrm{.}00\%,$ Bond C $=6\mathrm{.}47\%$