Question: A 4 . 4 % annual coupon, 2 4 - year bond has a yield to maturity of 4 . 6 1 % . Assuming

A 4.4% annual coupon, 24- year bond has a yield to maturity of 4.61%. Assuming the par value is $1,000 and the YTM is expected not to change over the next year, what should the price of the bond be today?
A 4.4% annual coupon, 24- year bond has a yield to

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