What is price of this bond if the ytm

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Reference no: EM131760045

Consider a 3 year, risk free bond with a coupon rate of 6% (annual coupons) and a face amount of $1000.

a) What is price of this bond if the YTM is 5%? 6%? 7%?

b) What is the YTM if the price is $1,100 (in percent)?

Reference no: EM131760045

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