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Yield to maturity and future price A bond has a $1,000 par value, 8 years to maturity, and a 6% annual coupon and sells for

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Yield to maturity and future price A bond has a $1,000 par value, 8 years to maturity, and a 6% annual coupon and sells for $930. a. What is its yield to maturity (YTM)? % b. Assume that the yield to maturity remains constant for the next 5 years. What will the price be 5 years from today? Do not round intermediate calculations. $

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