Receive 70% Off Online Purchases
A coupon bond that pays interest of 4% annually has a par value of $1,000, matures in 5 years, and is selling today at $785. The actual yield to maturity on this bond is. 9.6%= Calculator entries are N = 5, PV = -785, PMT = 40, FV = 1,000, CPT I/Y 9.62.
Show Coupon Code