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7. Suppose you buy a 20 year 7% bond that has a YTM of 12%. What is the price of the bond? 8. Suppose you

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7. Suppose you buy a 20 year 7% bond that has a YTM of 12%. What is the price of the bond? 8. Suppose you buy a 11 year 7% bond that has a YTM of 6%. What is the price of the bond? 9. Suppose you buy a 6 year 9% bond that has a YTM of 8%. What is the price of the bond? 7. Suppose you buy a 20 year 7% bond that has a YTM of 12%. What is the price of the bond? 8. Suppose you buy a 11 year 7% bond that has a YTM of 6%. What is the price of the bond? 9. Suppose you buy a 6 year 9% bond that has a YTM of 8%. What is the price of the bond

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