Business, 17.02.2020 23:41, ayoismeisalex

The fifteen-year bond yields 6.7% and has a coupon of 8.7%. If this yield to maturity remains unchanged, what will be its price one year hence? Assume annual coupon payments and a face value of $100.

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The fifteen-year bond yields 6.7% and has a coupon of 8.7%. If this yield to maturity remains unchan...