Question: Please let me know what am I doing wrong Yield to Maturity (YTM) Calculating rate =rate If we purchase an IBM 6.375% annual coupon bond

Please let me know what am I doing wrong Yield to

Please let me know what am I doing wrong

Yield to Maturity (YTM) Calculating rate =rate If we purchase an IBM 6.375% annual coupon bond today for $966.25 and hold until maturity (5 years), what is the expected annual rate of retur? A. 6.2% NPER FV B. 7.2% RATE #NUM! PMT PV 5 6375 -966.25 PMT = coupon rate *1000 1000 C. 8.2% = D. 8.8% E. 9.2%

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