Find out YTM of 1 year 7 coupon bond selling at 90 Face value-00175
This subjective question is related to the book/course vu cs001 Computer Proficiency License . It can also be found in vu cs001 Mid Term Solved Past Paper No. 2.
Question 1: Find out YTM of 1 year 7% coupon bond selling at $90. (Face value of bond = $100).
Answer:
YTM = $100 / $90 - 1 = 0.11 or 11.11%