Question: please do not answer in excel! Q3. Consider a 3 year 6% ann-el band purchased at pal by an investar with a one. Yad inveslment

please do not answer in excel! please do not answer in excel! Q3. Consider a 3 year 6%

Q3. Consider a 3 year 6% ann-el band purchased at pal by an investar with a one. Yad inveslment horzen. If the YTM inseuses fcom 6op to 7% after pulchare and the band is sold one yeuc after. a what is the Horizon yield for this investor? How does it compte aganst the mitral YTM? why

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