Question: 1. Problem 7.02 (Yield to Maturity and future Price) ebook Problem Walk-Through A bond has a $1,000 par value, 15 years to matury, and an

1. Problem 7.02 (Yield to Maturity and future Price) ebook Problem Walk-Through A bond has a $1,000 par value, 15 years to matury, and an annual coupon and sells for $1,000 a. What is its yield to maturity (YTM)? Round your answer to two decimal place D. Assume that the yld to maturity remains constant for the next four years. What will the price de 4 years from today? Do not round intermediate calculations, Round your answer to the nearest cent

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