rate was selling for 92 and matures in 10 years, what is the yield to maturity? Coupon = P100 (10% X P1,000) Annualized gain = P11.25 ([P1,000 maturity value – P920 current value]/ 10 years Estimated average value of investment = P960 ([P1,000+920/2]) P108 = 11.25% P960