Question: Given : US$ 1000 par value; coupon rate = 5%; maturity = 15 years; Solve for what is required (show using manual computation): What is

Given :

US$ 1000 par value; coupon rate = 5%; maturity = 15 years;

Solve for what is required (show using manual computation):

  1. What is the YTM if the price today is US$ 950

  2. What is the YTM if the price today is US$ 900

  3. What is the YTM if the price today is US$ 1050

  4. What is the YTM if the price today is US$ 1175

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