Question: please help! thank you! Problem 7-26 Bond Prices and Interest Rate Changes (LG'I-S) A 6.80 percent coupon bond with 15 years left to maturity is
please help! thank you!


Problem 7-26 Bond Prices and Interest Rate Changes (LG'I-S) A 6.80 percent coupon bond with 15 years left to maturity is priced to offer a yield to maturity of 7.6 percent. You believe that in one year, the yield to maturity will be 7.1 percent. What is the change in price the bond will experience in dollars? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Change in bond price What's the current yield of a 4.40 percent coupon corporate bond quoted at a price of 101.98? (Round your answer to 2 decimal places.) Current yield _ %
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