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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