Question: A bond has 3 years remaining until maturity. It has a par value of Rs 1 0 0 0 . The coupon interest rate on

A bond has 3 years remaining until maturity. It has a par value of Rs 1000. The coupon interest rate on the bond is 10%. Compute the yield to maturity at current market price of (i) Rs 1100,(ii) Rs1000 and (iii) Rs 900, assuming interest is paid annually.

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