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A corporate bond maturing in 1 5 years with a coupon rate of 9 . 9 percent was purchased for $ 9 8 0 and

A corporate bond maturing in 15 years with a coupon rate of 9.9 percent was purchased for $980 and it is now selling for $1,010.
a) What will be its selling price in two years if the market interest rates drop 1.9 percentage points?
blank1- Numeric Answer
10.13
You are incorrect
b) Calculate the bond's YTM
blank2- Numeric Answer
1130.34
You are incorrect
Round to the nearest cent. DO NOT INCLUDE COMMAS OR $.
For percentages, for example, write 12.56 for 12.56%.

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