The YTM on a $1000 face value, 5% annual coupon bond is 6.5%. The coupon bond has
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The YTM on a $1000 face value, 5% annual coupon bond is 6.5%. The coupon bond has 20 years to maturity. If the YTM remains unchanged, how much will the bond value change over the next three years?
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1 Calculate Current Bond Price Annual coupon payment C 1000 5 50 Yield to maturity YTM 65 or 0065 decimal Face value of the bond FV 1000 Number of per... View the full answer
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