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A 10-year, \$1000 face value bond sells for \$925 and has an

A 10-year, \$1000 face value bond sells for \$925 and has an 8% annual coupon rate. 1) What is the bond's current yield? 2) What is the bond's yield to maturity? 3) Assume that the YTM remains constant for the next three years. What will be the price of the bond three years from today?

Hello again :)

Your answers are correct. As for part 3, after 3 years, the time to maturity will be 7 years, and as you know, the price of the bond equals the present value of all future cash flows (that includes the PV of Coupon Payments + Present Value of the Face Value).

Regards,

Customer: replied 8 years ago.
Greetings! Your spreadsheet did not appear to upload all of the functions correctly? In the Yield To Maturity (B17, B24) and also the Price block (B27), instead of a number, it says "#NAME?", so I am unable to view the answers in those... could you reupload, please? thank you so much!

Sorry about that, although when I opened it, all figures showed , PC's are STRANGE :)