A 10-year 1000 face value bond sells for 925 and has an 8

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A 10-year, $1,000 face value bond sells for $925 and has an 8% annual coupon rate. What is the bond's current yield? What is the bond's yield to maturity? Assume that the YTM remains constant for the next three years. What will be the price of the bond three years from today?

Reference no: EM13604090

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