Did several calculations but end up coming with the wrong answer. Need YTM in DOLLARS,...
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Did several calculations but end up coming with the wrong answer. Need YTM in DOLLARS, please.
You are getting close! Now you just need to calculate the value of this bond. You need to do this 3 ways: Using a formula Using a financial calculator Using Excel Face Value First, use the formula and clues you collected. Assume an (FV) annual yield to maturity of 4%. Enter your answer into the space below, then click "Submit" to check your work. $5000 1 1 FV Yield to Maturity = CPN [ Remaining Coupon y (1+y) (1+y)N Payments Payment (CPN) Hint: y = yield per payment period 10 $181.25 Hint: Semiannual yield = Annual yield/2 (N)
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