It matures in 7 years. What will be the price of this bond in one year...
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It matures in 7 years. What will be the price of this bond in one year if its YTM remains constant? 22) An annual coupon bond's coupon rate is 8%, par value is $1,000, and it sells today for $902.63. It matures in 7 years. What will be the price of this bond in one year if its YTM remains constant? 22) An annual coupon bond's coupon rate is 8%, par value is $1,000, and it sells today for $902.63.
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To calculate the price of the bond in one year we need to consider the bonds yield to maturity YTM a... View the full answer
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