Google Answers: bond maturity and yield

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Q: bond maturity and yield ( No Answer, 0 Comments )

Question

Subject: bond maturity and yield
Category: Miscellaneous
Asked by: kristee-ga
List Price: $2.00

Posted: 05 Jul 2005 12:48 PDT
Expires: 05 Jul 2005 13:23 PDT
Question ID: 540202

An AT&T bond has 10 years until maturity, a coupon rate of 8 percent,
and sells for $1,100.
1.	What is the current yield on the bond?
80/1100=.072=7.2%

2.	How do you calculate the yield to maturity?

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