Question: please answer a and b 2) A bond with an 6.8% coupon rate and semiannuat coupons has a face value of $1500,25 years to maturity

please answer a and b

2) A bond with an 6.8% coupon rate and semiannuat coupons has a face value of $1500,25 years to maturity and is selling for $1800. a) Without any calculation, is the YTM more or less than 6.8% ? Why? b) What is the YTM? Use Excel and copy the function itself that you used to calculate it

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