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A credit analyst, Steve, observes a $1,000, 4.87%, 30-yearannual-pay bond has a yield-to-maturity (YTM) of 6.25%. if the YTMremains unchanged, how much will the bond

A credit analyst, Steve, observes a $1,000, 4.87%, 30-yearannual-pay bond has a yield-to-maturity (YTM) of 6.25%. if the YTMremains unchanged, how much will the bond value increase over thenext ten 2 answers

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