Question: Yield to maturity The bond shown in the following table pays interest annually. (Click on the icon here contents of the data table below into

 Yield to maturity The bond shown in the following table pays

Yield to maturity The bond shown in the following table pays interest annually. (Click on the icon here contents of the data table below into a spreadsheet.) in order to copy the Years to maturity Par value $1,000 Coupon interest rate 15% Current value $1,140 a. Calculate the yield to maturity (YTM) for the bond. b. What relationship exists between the coupon interest rate and yield to maturity and the par value and market value of a bond? Explain

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