Compute price of the bond assuming the yield to maturity

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Draw the timeline for an 8-year 5% annual coupon bond with a face value of $1000.

Compute the price of the bond assuming the yield to maturity is:

A. Ytm= 3%         FV=?               PMT=?             I=?                   N=                   P=$?

B. Ytm= 7%         FV=?                PMT=?             I=?                   N=                   P=$?

Reference no: EM131312538

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