Question: Pls explain how to get answer without excel 0 / 1 point Question 6 You just purchased a Government of Canada zero coupon bond. You

 Pls explain how to get answer without excel 0 / 1

Pls explain how to get answer without excel

0 / 1 point Question 6 You just purchased a Government of Canada zero coupon bond. You paid $59,400 for the bond. The bond has a face value of $140,000. The bond has 28 years to maturity. What is the yield to maturity? Your answer should be shown as a percentage and it should be accurate to two decimal places. Answer: x (3.11) Question 7 0 / 1 point You just purchased a bond. You paid $1,175 for the bond. The bond has 38 years to maturity and a face value of $1,000. The coupon rate is 6.9% and the coupons are paid annually. What is the bond's current yield? Your answer should be shown as a percentage and it should be accurate to two decimal places. Answer: x (5.87) Question 8 0 / 1 point You are going to purchase a Government of Canada zero coupon bond. The bond has a face value of $1,150,000. The yield to maturity on the bond is 6.5%. The bond has 41 years to maturity. How much will you pay for the bond? Your answer should be accurate to two decimal places. Answer: x (86,968.89)

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