Question: Please use Visual Basic and include what you name each textbox Please use Visual Basic 7. Bond Yield One measure of a bond's performance is
Please use Visual Basic 7. Bond Yield One measure of a bond's performance is its Yield To Maturity (TM) intr + a YTM values for government bonds are complex to calculate and are published in tables. However, they can be approximated with the simple formula YTM where intr is the interest earned per year, a face value-current market price years until maturity and face value t current market price $1000, a coupon interest rate of 4%, matures in 15 years, and currently sells for S11 Then intr= .04-1000= 40. aside no.-12, b- and YTM- ~ 2.57%. Note: The face calue of the bond is the amount it For instance, suppose a bond has a face value of 1000+1180 1090. will 15 40 12 1090 be redeemed for when it matures, and the cosupon interest sate is the interest rate stated on the bond. If a bond is purchased when it is first issued, then the YTM is the same as the coupon interest rate. Write a program that requests the face rate, current market price, and years until maturity for a bond, and then calculates the bond's YTM. See Fig. 3.67. value, coupon interest Bond Yield - Face value of bond 1000 Coupon interest rate: 04 Current market price: 118 Years until meturity 15 Calculate Yield To Maturity Appranate YTM 257% I FIGURE 3.67 Possible outcome of Programming Project
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