Question: Question 2 20 points Save Answer A man buys a 18-year, 55 coupon bond with annual coupon payments and a YTM of 6.8% at issuance.

Question 2 20 points Save Answer A man buys a 18-year,

Question 2 20 points Save Answer A man buys a 18-year, 55 coupon bond with annual coupon payments and a YTM of 6.8% at issuance. Six yets later, he decides to sell the bond when the YTM rate rises to 9%. For what prices does he first buy the bond, and then sell it? He buys for 5831.31 and sells for $628.40 He buy for $867.32 and sells for $749.37 He buys for $747 and sells for $857 He buys for $924.67 and sells for $982.05 He buy for $982.05 and sells for $924.67

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