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Question- 5. Yield to maturity and future price A bond has a $1,000 par value, 10 years to maturity, 1 answer below » Question- 5. Yield to maturity and future price A bond has a $1,000 par value, 10 years to maturity, and a 8% annual coupon and sells for $980. a. What is its yield to maturity (YTM)? Round your answer to two decimal places. b. Assume that the yield to maturity remains constant for the next 2 years. What will the price be 2 years from today? Round your answer to the nearest cent. Sep 28 2015 07:04 PM
