The YTM will be the rate at which the present value of all cash flows = $1,050. $1,050=(∑t=120$40(1+i)t)+$1000(1+i)20$1,050=(∑t=120(1+i)t$40)+(1+i)20$1000 We can use a financial calculator to solve for i. In this case, i = 3.643%, which is the six-month...