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show calculations for my understanding please A bond has a $1,000 par value, 15 years to maturity, and a 7% annual coupon and sells for

image text in transcribedshow calculations for my understanding please
A bond has a $1,000 par value, 15 years to maturity, and a 7% annual coupon and sells for $850. A. What is its yield to maturity (YTM)? B. Assume that the yield to maturity remains constant for the next three years. What will the price be 3 years from today? Your answers should be in the following format for: I/YR = PV= PMT= FV

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