What is the YTM on a 10-year bond with an 8% annual coupon r…
What is the YTM on a 10-year bond with an 8% annual coupon rate, face value of $1000 and price of $1250? The bond makes semi-annual coupon payments. Input your answer as a percentage rounded to three decimal places (i.e. .12345 or 12.345% would be entered as 12.345, for example)