Question: 6 a . Consider a 1 0 percent, 2 5 - year Bond with a promised Yield To Maturity ( Y - T - M

6a. Consider a 10 percent, 25-year Bond with a promised Yield To Maturity (Y-T-M) of 12%. It is payable semi -annually. Compute the price of the Bond
(5 marks)
b. The Bond's market Y-T-M to decline to 8 percent in 5 years. Compute its future Price.
6 a . Consider a 1 0 percent, 2 5 - year Bond

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