Question: Click to see additional instructions A 10-year, S1000 par value bond has an 10.00% annual coupon. The bond currently sells for $925. If the yield

Click to see additional instructions A 10-year, S1000 par value bond

Click to see additional instructions A 10-year, S1000 par value bond has an 10.00% annual coupon. The bond currently sells for $925. If the yield to maturity remains at its current rate, what will the price be 4 years from now? State whether it is a discount or premium bond? Your Answer: (Round to TWO cents. The answer is in terms of dollars, provide your answer in absolute values without the dollar sign, eg. 1234,56) The price of the bond 4 years from now will be s Write (1) for Discount Bond, and (2) for Premium Bond

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