Question 1179442
A Php 100,000, 10% bond, pays a dividend every quarter for 8 years. The bond is priced at par and is redeemable at 110% of the par value. Find the yield to maturity.

Principal P =	100000										
Amount=	A										
years=t	8.00										
compounded	4	times a year		n							
Rate =	10.00	0.1		0.025							
Amount =	P*((n+r)/n)^n*t										
											
Amount =	=	100000	*(	1	+	0.025	)^	4	*	8.00	
Amount =	100000	*(	1	+	0.025	)^	32				
	100000	*(	1.025	)^	32						
Amount =	220375.69										
											
Interest =	220375.69	-100000	=$120,375.69						

120,375.60+10,000 =130,375.69 

(130375.69/220375.69)*100 = 59.16%