A $4\mathrm{.}59\%$ coupon, $21\mathrm{.}0-$year annual bond has a yield to maturity of $6\mathrm{.}93\%.$ Assuming the par value is $1,000$ and the YTM does not change over the next year, Compute the following:

a. Price of the bond today:

b. Price of the bond in one year:

c. Capital gains yield $($please answer as a percentage with $2$ decimal places$)$:

d. Current Yield $($please answer as a percentage with $2$ decimal places$)$:

Answer rating: 100% (QA)

a Current bond price The yieldtomaturity YTM formula can be used to determine the bonds current price The formula using the supplied values is as foll... View the full answer