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O Click here to read the eBook: Bond Yields 10.011 YIELD TO MATURITY AND FUTURE PRICE A bond has a $1,000 par value, 8 years to maturity, and a 6% a. What is its yield to maturity (YTM)? Round your answer to two decimal places. annual coupon and sells for $930. O b. Assume that the yield to maturity remains constant nt for the next 3 years. what will the price be 3 years from today? Do not round intermediate calculations. Round your years, what wi answer to the nearest cent. Check My Work (3 remaining) 4 2 3
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