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Check My Work 12 Financial Planning Exercise 13 A(n) 25-year, zero coupon bond was recently quoted at 14.000. Find the current yield and yield to maturity of this issue, given the bond has a par value of $1,000. (Assume annual compounding for the yield-to-maturity measure.) Round the answers to two decimal places. Do not round intermediate calculations. Leave no cell blank. Be sure to enter 0 wherever required. Yield to maturity 18.62 Check My Work 0 Icon Key
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Answer #1

Please find the answer below:

1.
Current yield=0/Price=0%
=RATE(25,0,-14,100)
=8.18197%

2.

=RATE(3,4,-50,90)
=28.35145%

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