Question: please help me with question 1. PLEASE show work like how the example shows work. I need to understand how to solve. The current market

The current market price of Hope Corporation's 12 percent (coupon rate). 30-year bonds is $850. Interest is paid semiannually, and the par value is equal to $1,000. What is the yield to maturity (YTM) of the bond if the bond mature 30 years from today? (3 points) Example of how to show your work: FCF2014 = NOPAT2014 -(TNOC2014 - TNOC2013) NOPAT2014=EBIT 2014 (1-t) = 60,884*(1-.4) = $36,530.40 NOW 2014=OPCA2014-OPCL2014=(Cash+AR+Inv)2014-(AP+Accruals)2014 +(91,450+103,365+38,444) - (30,761+30,477) = $172,021 Therefore, TNOC2014-NOW2014+NFA2014-172,021+67,105 = $239,186
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