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A bond has a $1000 par value, 10 years to maturity and a 7% annual coupon and currently sells for $985. A. What is the
A bond has a $1000 par value, 10 years to maturity and a 7% annual coupon and currently sells for $985. A. What is the YTM? B: Assume that the YTM remains constant for the next three years. What will the price be 3 years from today? M Answers: SHOW ME HOW TO CALCULATE IT WITH A TI84 NO EXCEL ALLOWED
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