Question: A $ 1 , 0 0 0 par value bond sells for $ 8 6 3 . 0 5 . It will mature in 1

A $1,000 par value bond sells for $863.05. It will mature in 10 years and has a 5 percent annual coupon rate paying coupon semi-annually. What is the bond's yield to maturity (YTM) on a per annum basis? If the YTM remains unchanged, what would be the price of the bond 8 years from now? (round to x.% and $x.)
A $1,000 par value bond sells for $863.05. It will mature

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