9) A bond has a $1,000 par value, 10 years to maturity, and an 8 annual coupon and sells for $980 What is its yield to maturity (YTM) Round your answer to two decimal places Assume that the yield to maturity remains constant for the next five years What will the price be 5 years from today Do not round intermediate calculations Round your answer to the nearest cent 10)Nesmith Corporation's outstanding bonds have a $1,000 par value, a 7 semiannual coupon, 6 years to maturity, and an 11 YTM What is the bond's price Round your answer to the nearest cent A bond has a $1,000 par value, 10 years to maturity, and an 8 annual coupon and sells for $980 a What is its yield to maturity (YTM) Round your answer to two decimal places b Assume that the yield to maturity remains constant for the next five years What will the price be 5 years from today Do not round intermediate calculations Round your answer to the nearest cent $ Nesmith Corporation's outstanding bonds have a $1,000 par value, a 7 semiannual coupon, 6 years to maturity, and an 11 YTM What is the bond's price Round your answer to the nearest cent $

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9) A bond has a $1,000 par value, 10 years to maturity, and an 8% annual coupon and sells for $980. What is its yield

A bond has a $1,000 par value, 10 years to maturity, and an 8% annual coupon and sells for $980.

What is its yield to maturity (YTM)? Round your answer to two decimal places
Assume that the yield to maturity remains constant for the next five years. What will the price be 5 years from today? Do not round intermediate calculations. Round your answer to the nearest cent.

10)Nesmith Corporation's outstanding bonds have a $1,000 par value, a 7% semiannual coupon, 6 years to maturity, and an 11% YTM. What is the bond's price? Round your answer to the nearest cent. image text in transcribed

A bond has a $1,000 par value, 10 years to maturity, and an 8% annual coupon and sells for $980. a. What is its yield to maturity (YTM)? Round your answer to two decimal places. % b. Assume that the yield to maturity remains constant for the next five years. What will the price be 5 years from today? Do not round intermediate calculations. Round your answer to the nearest cent. $ Nesmith Corporation's outstanding bonds have a $1,000 par value, a 7% semiannual coupon, 6 years to maturity, and an 11% YTM. What is the bond's price? Round your answer to the nearest cent. $