please show work for EACH PROBLEM for business calculator. ex. rate, N, PMT,PV,F

Question

please show work for EACH PROBLEM for business calculator. ex. rate, N, PMT,PV,FV

5 The price on a zero coupon bond that matures in year is $948.60. What is the yield to maturity (YTM) of the bond? Assume $1000 face amount. Show answer to nearest hundredth of 1 percent. Ex. 6.48% 6 You bought a Beta Tapeplayer Inc bond two days ago. It was rated AA by Standard and Poor's and was selling at a yield to maturity (YTM) of 6.10%. Today it was downgraded to an A rating and the YTM increased to 6.60%. The bond has a coupon rate of 5.70%, and has 11 years to maturity. Assume annual coupons and a $1000 face amount. What was your purchase price? What is it worth today? What has been your percentage loss in valuc? Note: Ignore the 2 days -- treat it as if the bond rating dropped immediately after purchase

Explanation / Answer

Answer: please put the next question separately in case of multiple qauetiosn allowed to answer the first question only

Current Price of the bond : $948.6

Maturity: 1-year

Face value : $1000

Use the below formula to calculate YTM

Yeild = ( Face Value/ Present Value)^(1/n) -1

n is the number of periods i.e. years to maturity which is 1 here

yeild = (1000/948.6)(1/1)-1

yeild to maturity = 1.054185 - 1

Yeild to maturity = .054185

convert it in to percent by multiplying with 100

5.4185% is the yeild to maturity

put these values in business calculator using yeild function will give you the same result.

FV and PV i have already mentioned and years to maturity is 1

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