Homework answers / question archive / FV = $100 Price = $106

FV = $100 Price = $106

Accounting

Share With

FV = $100

Price = $106.68

Coupon Rate = 5.5%

Term = 5 years

 Given the information above calculate the yield to maturity (YTM). Calculate as a percentage correct to two decimal places. Do not enter the percentage (%) sign.