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# Calculate the yield to maturity for bondAnswered

### Assignment Instructions

Reference no: EM132444663

Problem: Consider a corporate bond with 18 years to maturity, \$1,000 par value, paying a coupon rate of 8% and currently selling for \$1151 in the secondary market. The bond may be “called two years from today at a price of \$1,040.
Required:
A. Calculate the yield to maturity (YTM) for this bond?
B. Is it selling at a discount, at a premium, or at par?
C. Calculate the yield to call (YTC)? D. If you purchased this bond, explain which you expect to receive, YTM or YTC?

### Plagiarism Checked

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