Question: please help solve 9. 7% coupon payment semi-annually, 5% yield, $1,000 par, 16 years to maturity. Using the following formula, use the annual coupon payment,

please help solve
please help solve 9. 7% coupon payment semi-annually, 5% yield, $1,000 par,
16 years to maturity. Using the following formula, use the annual coupon

9. 7% coupon payment semi-annually, 5% yield, $1,000 par, 16 years to maturity. Using the following formula, use the annual coupon payment, par value, price of the bond, and number of years answers from $1 to $9 and calculate an approximate vield % for the above bond problems. The yield % answers in $1 to $9 will be close but not exact to the following nine problems. Calculate $10 to $18. Bond Vield \% = Annual Coupon Payment + (Rar Value - Bond Price)umber of years of bond/ .60 (bond price) +.40 (Par) Note - tho to 148 is based on the price of the bond from 11 to foend the above formula

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