Question: Question 6 A 4 . 0 1 % annual coupon, 1 2 - year bond has a yield to maturity of ( 9

Question 6
A 4.01\% annual coupon, 12-year bond has a yield to maturity of \(9.81\%\). Assuming the par value is \(\$ 1,000\) and the YTM is expected not to change over the next year, what should the price of the bond be today?
Question 7
A 6.24\% annual coupon, 5-year bond has a yield to maturity of \(6.62\%\). Assuming the par value is \(\$ 1,000\) and the YTM is expected not to change over the next year, what is bond price expected to be in one year?

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