A $3,000 bond with a 2.5% coupon compounded semi-annually is currently priced to yield 9% with 18 years remaining to maturity. What is the yield to maturity six years from now if the bond price rises...


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A $3,000 bond with a 2.5% coupon compounded semi-annually is currently priced to<br>yield 9% with 18 years remaining to maturity. What is the yield to maturity six years<br>from now if the bond price rises $200 at that time?<br>Round to two decimal places.<br>

Extracted text: A $3,000 bond with a 2.5% coupon compounded semi-annually is currently priced to yield 9% with 18 years remaining to maturity. What is the yield to maturity six years from now if the bond price rises $200 at that time? Round to two decimal places.

Jun 02, 2022
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