Assume that the ytm remains the same for the next three


A bond that matures in 8 years sells for $960. The bond has a face value of $1,000 and a 9 percent annual coupon. the bond's YTM is 9.69% Assume that the YTM remains the same for the next three years, what will be the price of the bond 3 years from today?

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Financial Management: Assume that the ytm remains the same for the next three
Reference No:- TGS02294292

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