# Finance Bond Valuation - Yield to maturity of Bond

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```					              Sub: Finance                                                                                Topic: Bond Valuation

Question:
Computation of yield to maturity of Bond.

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Yield to maturity:
1. Heymann Company bonds have 4 years left to maturity. Interest is paid annually, and the
bonds have a \$1,000 par value and a coupon rate of 9%.

a. What is the yield to maturity at a current market price of \$829? Round the answer to the
nearest hundredth. ____%
b. What is the yield to maturity at
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Description: Computation of yield to maturity of Bond - Yield to maturity: 1. Heymann Company bonds have 4 years left to maturity. Interest is paid annually, and the bonds have a \$1,000 par value and a coupon rate of 9%.
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