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A bond has a $ 1 , 0 0 0 par value, 1 0 years to maturity, and a 7 % annual coupon and sells
A bond has a $ par value, years to maturity, and a annual coupon and sells for $ a What is its vield to maturity YTM Round your answer to two decimal places. b Assume that the yield to maturity remains constant for the next three years. What will the price be years from today? Do not round intermediate calculations. Round your ans cent. 
A bond has a $ par value, years to maturity, and a annual coupon and sells for $
a What is its vield to maturity YTM Round your answer to two decimal places.
b Assume that the yield to maturity remains constant for the next three years. What will the price be years from today? Do not round intermediate calculations. Round your ans cent.
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
