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Yield to maturity

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Yield to maturity  A bonds market price is $850. It has a 1,000 par value, will mature in 14 years, and has a coupon interest rate of 11 percent annual interest, but makes its interest payments semiannually. What is the bonds yield to maturity ? What happens to the bonds yield to maturity if the bond matures in 28 years? What if matures in 7 years ?

a. The bonds yield to maturity if it matures in 14 years ? % round to two decimals.

b. The bonds yield to maturity if it matures in 28 years is ? % round to two decimals.

c. The bonds yield to matirity if it maturers in 7 years is ? % round to two decimals.

 
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