Question: I'm having a really difficult time with the formulas and if someone can break it down step by step. Springfield Nuclear Energy Inc. bonds are
I'm having a really difficult time with the formulas and if someone can break it down step by step.


Springfield Nuclear Energy Inc. bonds are currently trading at $653.66. The bonds have a face value of $1,000, a coupon rate of 6% with coupons paid annually, and they mature in 15 years. What is the yield to maturity of the bonds? The yield to maturity of the bonds is % (Round to two decimal places.) Consider an annual coupon bond with a face value of $100, 10 years to maturity, and a price of $83. The coupon rate on the bond is 9%. If you can reinvest coupons at a rate of 3.5% per annum, then how much money do you have if you hold the bond to maturity? The total proceeds from holding the bond to maturity are s (Round to the nearest cent.)
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