Question

Hello,

Here are a few more bond problems:

Calculate the yield on the following bonds:

P=price of bond, F=face value, c=coupon rate, N=number of years to maturity

a. P=$100.95, F=$100, c= 6%, N=1

b. P=$712.99, F=$1,000, c=0%, N=5

c. P=$1,176.47, F=$1,000, c=10%,
N --->infinity (bonds never matures)

Thank you,

Paul