Question: Determine the Yield to Maturity ( YTM ) for each bond using the current fair market value ( FMV ) . ( Use BA II

Determine the Yield to Maturity (YTM) for each bond using the current fair market value (FMV).(Use BA II Plus calculator.)
Details of the Bond Portfolio:
Par Value Maturity Coupon Cost Basis FMV
10,000 US T-bills N/A N/A 9,640.009,643.20
20,000 US T-bonds 308%20,00022,494.47
10,000 US T-bonds 200%1,3132,625.30
20,000 Super Co. bonds 209%20,00024,271.01
15,000 Meager Bonds 259%15,0003,000.47
25,000 TN Municipal 156%25,00027,616.29
Money Market Acct N/A N/A 10,349.26 N/A
Total: 100,000.00
Note: The Super Co. bonds are investment grade quality while the Meager Bonds are junk bonds.

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