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There is a bond that has a quoted price of 97.695 and a par value of...

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Finance

There is a bond that has a quoted price of 97.695 and a parvalue of $2,000. The coupon rate is 6.63 percent and the bondmatures in 17 years. If the bond makes semiannual coupon payments,what is the YTM of the bond?

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There is a bond that has a quoted price of 97.695 and a parvalue of $2,000. The coupon rate is 6.63 percent and the bondmatures in 17 years. If the bond makes semiannual coupon payments,what is the YTM of the bond?

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