Question: Show step by step how to solve for asked yield to maturity without using excel. Question 1 (22 points) Using the table below, please fill

 Show step by step how to solve for asked yield to

Show step by step how to solve for asked yield to maturity without using excel.

maturity without using excel. Question 1 (22 points) Using the table below,

Question 1 (22 points) Using the table below, please fill in all the missing values in the last 2 columns, assuming semi-annual compounding (please provide 4 decimal places). For each entry, please provide all details and entries used to arrive at the final solution, clearly, on your answer. After all yields calculated, please state what do you think the approximate shape of the yield curve is in that economy. Listing of Treasury Listings of Notes and Bonds Maturity Coupon Bid Asked Chg Asked Yield Premium or to Maturity Discount 1 15-May 2018 1 100.3984 100.4369 -0.0859 2 15-May 2019 0.875 99.8281 99.971 -0.0859 3 15-Feb 2021 7.875 130.5938 130.6531 -0.2656 4 15-Aug 2025 2 102.2969 102.3445 0.3438 5 15-May 2030 6.25 152.4609 152.5509 0.7969 6 15-Nov 2041 3.125 111.8203 111.9225 -0.875 7 15-May 2046 2.5 98.234 98.5 0.9063 Source: Compiled from data obtained from The Wall Street Journal Online, May 16, 2016

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