Question: Question 2 (1 point) A bond has a $1,000 par value, 33 years to maturity, and a 5.5% annual coupon and sells for $900. a)
Question 2 (1 point) A bond has a $1,000 par value, 33 years to maturity, and a 5.5% annual coupon and sells for $900. a) What is its yield to maturity (YTM)? b) Assuming that the yield to maturity remains constant, what will the price be 1 year from today? a) 5.50%; b) $900.98 a) 5.50%; b) $1,000.00 a) 6.22%; b) $900.98 a) 6.22%; b) $12,110.77
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