Maturity remains at its current rate
Problem:
A 25-year, $1,000 par value bond has an 8.5% annual coupon. The bond currently sells for $875.
Requirement:
Question: If the yield to maturity remains at its current rate, what will the price be 5 years from now?
Please show all work.
Expected delivery within 24 Hours
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Question: If the yield to maturity remains at its current rate, what will the price be 5 years from now? Please show all work
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