Gizzel1195 Gizzel1195

12-08-2024
Business

Answered

A 25-year bond has a nine per cent annual coupon. The bond currendy sells for $920.87. If the yield to maturity remains at its current fate, 9.8626 per cent, what will the botsd's price be five years from now?
A. −$912.90
B. $925.87
C. $882.90
D. $904.97
E. $912.90

Answer :

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