Thursday, August 18, 2011

How to find the ytm of a bond without knowing its face value?

what is the yield to maturity on a bond wiht an 8 percent coupon, nine years to maturity and it currently sells for 910.85. the bond makes annual payments. now I know how to do this when I KNOW THE FACE VALUE but in this cirstance it does not provide it. Everything that is provided is lister here. Any help is greatly appreciated.

No comments:

Post a Comment