Question: A. Perpetuity bond (do not have time to maturity, go on forever). If one has price of 970 dollars and a coupon rate of 7

A. Perpetuity bond (do not have time to maturity, go on forever). If one has price of 970 dollars and a coupon rate of 7 percent, what is YTM? (please solve through algebra equation)

B. A price of zero coupon bond is 980 dollars and has 2 years to mature, what is the YTM?

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