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LD TO MATURITY AND FUTURE PRICE Ond has a $1,000 par value, 15 years to maturity, and a 8% annual coupon and sels for $1,080.

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LD TO MATURITY AND FUTURE PRICE Ond has a $1,000 par value, 15 years to maturity, and a 8% annual coupon and sels for $1,080. a. What is its yield to maturity (YTM)? Round your answer to two decimal places 7.12 % b. Assume that the yield to matunty remains constant for the next 5 years What will the price be 5 years from today? Do not round intermediate calculations. Round your answer to the nearest cent $

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