Question: Formulas ERYon non benchmark Bondsr=RRP) PV of Bond = SUM (CI+)+(C parx{1+k)); DUR-SUM{IC,(X1+] + [C421+k) ++ [Cny14k)}/SUM{(C/C++k)] + C(1+1+ + [C, 1*. DUR - DUR/(1+):

Formulas ERYon non benchmark Bondsr=RRP) PV of Bond = SUM (CI+)+(C

Formulas ERYon non benchmark Bondsr=RRP) PV of Bond = SUM (CI+)+(C parx{1+k)"); DUR-SUM{IC,(X1+] + [C421+k) ++ [Cny14k)"}/SUM{(C/C++k)] + C(1+1+ + [C, 1*". DUR" - DUR/(1+): Per=SUMIT(C-Prin)(1+6) + (C+Princi ++C+Prinx(1+x)"} R-SP-INY - Loan DINY R-Profit/ Investment A $1.000 par bond with 5 years to maturity is currently priced at $892. Annual interest payments are $90. What is the yield to maturity? 12 13% 10% 11%

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