Calculate what will the given bond sell for

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Question: A perpetual bond pays a coupon of $25 per year. If in year 1 this bond sells for $200, what is its yield to maturity? If interest rates move to 20% next year, what will this bond sell for? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132032141

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