Consider a bond that has a current value of $1,081.11, a face value of $1,000.00, a coupon
Question:
Consider a bond that has a current value of $1,081.11, a face value of $1,000.00, a coupon rate of 10% (paid semiannually) and five years remaining to maturity.
a. What is the bond’s yield-to-maturity today?
b. If the bond’s yield does not change, what is its value one year from today?
c. If the bond’s yield does not change, what is its value two years from today?
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Related Book For 
Financial Management And Analysis (Frank J. Fabozzi Series)
ISBN: 9780471477617
2nd Edition
Authors: Frank J. Fabozzi, Pamela P. Peterson
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