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A bond that matures in 10 years sells for $925. The bond has a face value of $1,000 and an 8 percent annual coupon. i.

A bond that matures in 10 years sells for $925. The bond has a face value of $1,000 and an 8 percent annual coupon.

i. What is the bonds current yield?

ii. What is the bonds YTM?

iii. Assume the YTM remains the same for the next three years, what will be the price of the bond three years from today?

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