yield to maturity and future price. A bond has a $1000 par value, 10 years to maturity, and a 7% ann
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.
a. what is the yield to maturity ytm?
b. assume that the yield to maturity remains constant for the next 3 years. What will the price be 3 years from today?
Price: $2.99
Answer: The solution consists of 2 pages
Deliverables: Word Document
Deliverables: Word Document
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