Question: not in excel I need simple formula with all the process -9. (Calculating yield to maturity) A 16-year old Jain Plc bond pays 10 percent

not in excel

I need simple formula with all the process

-9. (Calculating yield to maturity) A 16-year old Jain Plc bond pays 10 percent interest annually on a 100 par value. If the bond sells for 92, what is the bond's yield to maturity? What will be the yield to maturity if the bond pays interest semiannually? Explain the difference

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