What the price-current yield and yield to maturity for bond

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Reference no: EM131068379

Par value = 1000

Coupon rate = 2.875%

Maturity date = 2025

Issue date = 2015

Assume that there will be a 2% (200 basis points) increase in the market interst rate one year from today. Calculate what the price, current yield and the yield to maturity for the bond one year from today following the rate increase.

Reference no: EM131068379

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