Question: how to solve using a ba calculator Suppose the US government just issued a $1,000 PAR value coupon bond today. This bond will mature in

how to solve using a ba calculator

Suppose the US government just issued a $1,000 PAR value coupon bond today. This bond will mature in 9 years from today. This Bond's annual coupon rate is 3%. Coupons are paid 2 time(s) in a year. The Bond is currently trading at $1038.32. What is the Yield to Maturity (YTM) of this Bond? In other words, what is the return on investment for the bond investor? Enter your answer in the following format: 0.1234 Hint: Answer is between 0.0224 and 0.0272

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