Question: Please show the calculation, if using Excel, please show the formulas. It would also be helpful to see the inputs to enter on a financial

Please show the calculation, if using Excel, please show the formulas.

It would also be helpful to see the inputs to enter on a financial calculator, if possible (N,I/Yr,PV,PMT, FV)

Practice question:

What is the YTM of this corporate bond - 20 year bond issued 5 years ago, interest rate of 4%, you just purchased it for $1,062.50? What is this bond's current yield? (assume this corporate bond pays 2x annually)

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