Question: eBook Problem Walk-Through A bond has a $1,000 per valut, 12 years to maturity, and an 8% annual coupon and sells for $980 What is

eBook Problem Walk-Through A bond has a $1,000 per valut, 12 years to maturity, and an 8% annual coupon and sells for $980 What is its yield to maturity (YTH) Round your answer to two decimal places b. Assume that the yield to maturity remains constant for the next five years. What will the price be 5 years from today? Do not found intermediate calculations. Round your answer to the nearest cent

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