YIELD TO MATURITY AND FUTURE PRICE A bond has a $ 1 , 0 0 0 par value, 1 0 years to maturity, and a 7 annual coupon and sells for $ 9 8 5 a What is its yield to maturity ( YTM ) b Assume that the yield to maturity remains constant for the next 3 years What will theprice be 3 years from today ...

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YIELD TO MATURITY AND FUTURE PRICE A bond has a $ 1 , 0 0 0 par

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YIELD TO MATURITY AND FUTURE PRICE A bond has a $

1, 000

par value,

10

years to maturity, and a

7 %

annual coupon and sells for $

985

.

What is its yield to maturity

(

YTM

) ?

.

Assume that the yield to maturity remains constant for the next

3

years. What will theprice be

3

years from today?

Posted Date: May 19, 2024 02:01 AM

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YIELD TO MATURITY AND FUTURE PRICE A bond has a $ 1 , 0 0 0 par

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