Attempts: Keep the Highest: / 10 1. Problem 7.02 (Yield to Maturity and Future Price) cook Problem Walk-Through A bond has a $1,000 par value, 8 years to maturity, and a 6% annual coupon and sells for $930. a. What is its yield to maturity (YTM)? Round your answer to two decimal places 7.18 % b. Assume that the yield to maturity remains constant for the next four years. What will the price be 4 years from today? Do not round intermediate calculations. Round your answer to the nearest cent. $