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Title: The YTM of a 4 year default free security with a face value of $1000 and an annual coupon rate of ... Post by: johnpaech on Nov 19, 2017 The YTM of a 4 year default free security with a face value of $1000 and an annual coupon rate of 5.25% is closest to:
A) 5.2% B) 5.0% C) 4.9% D) 5.25% Title: Re: The YTM of a 4 year default free security with a face value of $1000 and an annual coupon rate ... Post by: anicid on Nov 19, 2017 B
Explanation: B) P = 52.50/1.058 + 52.50/1.0552 + 52.50/1.0523 + 1052.50/1.0504 = 1007.78 PV = -1007.78 PMT = 52.50 FV = 1000 N = 4 Compute I = 5.030 or 5.0% Title: Re: The YTM of a 4 year default free security with a face value of $1000 and an annual coupon rate of ... Post by: johnpaech on Aug 1, 2018 You took a load off my back, thanks for answering correctly
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