Homework answers / question archive / 4) Which $1000 bond has the higher yield to maturity, a 20-year bond selling for $800 with a current yield of 15% or a 1-year bond selling for $800 with a current yield of 5%?  5) Consider a coupon bond that has a $1000 par value and a coupon rate of 10%

4) Which $1000 bond has the higher yield to maturity, a 20-year bond selling for $800 with a current yield of 15% or a 1-year bond selling for $800 with a current yield of 5%?  5) Consider a coupon bond that has a $1000 par value and a coupon rate of 10%

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4) Which $1000 bond has the higher yield to maturity, a 20-year bond selling for $800 with a current yield of 15% or a 1-year bond selling for $800 with a current yield of 5%? 
5) Consider a coupon bond that has a $1000 par value and a coupon rate of 10%. The bond is currently selling for $1011.89 and has two years to maturity. What is the bond's yield to maturity?