(Solution Library) Yield to maturity and future price. A bond has a $1000 par value, 10 years to maturity, and a 7% annual coupon and sells for $985. what is
Question: Yield to maturity and future price. A bond has a $1000 par value, 10 years to maturity, and a 7% annual coupon and sells for $985.
- what is the yield to maturity ytm?
- assume that the yield to maturity remains constant for the next 3 years. What will the price be 3 years from today?
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