Question: Please help me solve this practice question so I can study and I need exact answers please- no rounding. Thanks! Coupon payment = 6.4%*1000=$64 r=YTM=

Please help me solve this practice question so I can study and I need exact answers please- no rounding. Thanks!

Coupon payment = 6.4%*1000=$64

r=YTM= 0.0572

FV=1000

n= (20-4)=16 payments

PV = $64 * [ 1- (1.0572)^ -16] / 0.0572 + 1000/ (1.0572)^16

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