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begin{tabular}{|l|l|l|} hline Q28) A 5.86% coupon, 23.0-year annual bond has a yield to maturity & of 8.25%. Assuming the par value is 1,000 and

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\begin{tabular}{|l|l|l|} \hline Q28) A 5.86% coupon, 23.0-year annual bond has a yield to maturity & \\ of 8.25\%. Assuming the par value is 1,000 and the YTM does not \\ change over the next year, Compute the following: & \\ \hline a) Price of the bond today (1 point): & \\ \hline b) Price of the bond in one year (1 point): & \\ \hline c) Capital gains yield (1 point): & \\ \hline d) Cument Yleld (1 point): & & \\ \hline \end{tabular}

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