Question: Question 2 A bond has a $1,000 par value, 7 years to maturity, and an 4.5% annual coupon and sells for $925. a. What is

 Question 2 A bond has a $1,000 par value, 7 years

Question 2 A bond has a $1,000 par value, 7 years to maturity, and an 4.5% annual coupon and sells for $925. a. What is its yield to maturity (YTM)? b. Assume that the yield to maturity remains constant for the next two years. What will the price be 2 years from today

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