Statistics homework help
Statistics homework help. What is the yield to maturity of a 13-year bond that pays a coupon rate of 7.83 percent per year, has a $1,000 par value, and is currently priced at $1,483? Assume annual coupon payments.Round the answers to two decimal places in percentage form. You should use Excel or financial calculator.Your Answer:Par valuePriceAnnual coupon rateYears to maturityYTM $1,000$1,4837.83%133.22%