Given the purchase prices, coupons and maturities of four bonds, calculate the yields to maturity...
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Given the purchase prices, coupons and maturities of four bonds, calculate the yields to maturity to you, the investor. Assume a $1,000 par value. Bonds A, B, and C are semi-annual. Bond D is a zero but calculate its yield with a semi-annual equivalency. Provide your answers to 4 significant digits (example: 6.1234%) Bond A Price 884.20, annual coupon 7%, maturing in 5 years Bond B Price 948.90, annual coupon 8%, maturing in 7 years Bond C Price 967.70, annual coupon 9%, maturing in 4 years Bond D Price 456.39, maturing in 10 years
A
B
C
D
YTM
Start
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
5.0
5.5
6.0
6.5
7.0
7.5
8.0
8.5
9.0
9.5
10.0
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