Assume a 1,000 face value bond with 20 years left until maturity. If the coupon rate is 10%, paid semi-annually, and the current yield is 8.85%, what should be the yield to maturity on this bond? Show your work.  Please show how to solve using a financial calculator. p/y=2  FV=1,000 n=20*2

Essentials Of Investments
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Assume a 1,000 face value bond with 20 years left until maturity. If the coupon rate is 10%, paid semi-annually, and the current yield is 8.85%, what should be the yield to maturity on this bond? Show your work. 

Please show how to solve using a financial calculator.

p/y=2 

FV=1,000

n=20*2

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