trading price=11000
face value=1000
rate=10
time =10 years
annual interest=interest×facevalue
=10010×1000
=100
current yield=tradingpriceannualinterest
=1000100=0.09091
=0.09091×100
=9.091 %
yieldtomaturity=facevalue+currentprice/2)annualinterestpayment+(facevalue/yearstomaturity)
=2100/2100−(100/2)
=105090
=0.08571
=0.08571×100
=8.571 %
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