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A bond has a $1,000 par value, 10 years to maturity, and a 7% annual coupon and sells for $985. a. What is its yield

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A bond has a $1,000 par value, 10 years to maturity, and a 7% annual coupon and sells for $985. a. What is its yield to maturity (YTM)? b. Assume that the yield to maturity remains constant for the next three years. What will the price be 3 years from A firm's bonds have a maturity of 10 years with a $1,000 face value, have an 8% semiannual coupon, are a. What are their nominal yield to maturity and their nominal yield to call? b. What return should investors expect to earn on these bonds

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