Условие:
A government bond with a face value of 200 is traded on the market, maturing in 5 years with an annual coupon of 5 \% of the face value. Calculate the yield to maturity if the bond price is 208. Hint: Use Excel Solver, an Excel function, or trial and error to find the solution.
a. 4,10 \%
b. 3,18 \%
c. 4,20 \%
d. 4,00 \%
Решение:
To calculate the yield to maturity (YTM) of the bond, we need to find the interest rate that equates the present value of the bonds future cash flows to its current market price. The bond has a face value of 200, an annual coupon of 5% (which is 10 per year), and matures in 5 years. The bond price is 208. The cash flows ...
