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could you please show the work and with the equations used 7-2: The bonds issued by the Laptop Corporation have a $1,000 par value, 10
could you please show the work and with the equations used 7-2: The bonds issued by the Laptop Corporation have a $1,000 par value, 10 years to maturity, pay 7% coupons, and sell for $985 per bond. Calculate the yield to maturity on the bonds. Assume that the yield to maturity stays constant for the next 3 years. Calculate the price of bonds 3 years from today. a. b
could you please show the work and with the equations used
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