Chat with us, powered by LiveChat $1000 par value bond, paying 11% annual coupon rate, with 15 years maturity issued 4 years ago. Calculate the yield to maturity of the bond assuming 8% market interest - Writeden

  

 $1000 par value bond, paying 11% annual coupon rate, with 15 years maturity issued 4 years ago. Calculate the yield to maturity of the bond assuming 8% market interest rate.