Question

rate positively ..

 ans a) YTM we have to use finanical calculator to solve this put in calculator FV 1000 PV -860 PMT 1000*5% 50 N 20 compute I 6.24% ans = 6.24% ans b) we have to use finanical calculator to solve this put in calculator FV 1000 PMT 50 I 6.24% N 15 Compute PV (\$881.00) Price = \$881.00

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