Assuming the yield to maturity remains constant what is the


Suppose that tesla motors issued a bond with 10 years maturity and a face value of $1000, and a coupon rate of 5.0% (annual payments). The yield to maturity on this bond when it was issued was 6.0%. Assuming the yield to maturity remains constant, what is the price of the bond immediately before it makes its first coupon payment?

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Finance Basics: Assuming the yield to maturity remains constant what is the
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