Example 1:
You have a 5-year bond with a par value of $1000 that pays a 10% semi-annual coupon rate. It is currently selling for $975. Calculate the yield to maturity (YTM).
Answer:
Since the coupon rate is semi-annual, we need to multiply the number of years

by 2 and divide the coupon payment by 2. Then, we need to input the following information to get the YTM of the bond.
N=10, PMT=50, PV=-975, FV=1000, I=?
1. Press “CMPD”.
2. Scroll to N and then input “10” and then Press “EXE”.
3. Scroll to PMT and then input “50” and then Press “EXE”.
4. Scroll to PV and then input “-975” and then Press “EXE”.
5. Scroll to FV and then input “1000” and then Press “EXE”.
6. Scroll to I and then Press “SOLVE”.
The answer you should be getting is “5.32895%”, but you have to multiply it by 2. As a result, the final answer is 10.65791%.
بس احنا بيجيبون لينا انول يعني ما يحتاج تقسمين وتضربين وهالشغلات دايركت تحطين الرقم