Could you please provide me the formula or a good web-site to answer
the following question.

If my Treasury Bond has a 19 yer maturity, a coupon rate of 8 percent
and sells for 1,100. What formula would I use to determine the yeild
to maturity. Any help would be wonderful

Howdy baseball2-ga,

The MoneyChimp web site has good page on this subject.
http://www.moneychimp.com/articles/finworks/fmbondytm.htm

"Bond Yield-to-Maturity
...
In an equation,

c(1 + r)-1 + c(1 + r)-2 + . . . + c(1 + r)-n + B(1 + r)-n = P where

c = annual coupon payment (in dollars, not a percent)
n = number of years to maturity
B = par value
P = purchase price

..."

As they point out on the page above, you don't really want to calculate
all of that out, so they also have a calculator.
http://www.moneychimp.com/calculator/bond_yield_calculator.htm

"Bond Yield Calculator"

That calculator gives us a current yield of 7.273% and a 7.03% yield to
maturity for the numbers you provided and an assumed $1000.00 par value.

If you need any clarification, please feel free to ask.


Search strategy:

Google search on: bond calculator formula
://www.google.com/search?q=bond+calculator+formula

Looking Forward, denco-ga - Google Answers Researcher

Thanks for the 5 star rating, baseball2-ga.

Looking Forward, denco-ga - Google Answers Researcher

You betcha! The additional wev-sites were awesome. I am going to book
mark them for future use. Thanks again!