A $1,000 bond has a coupon of 6 percent and matures after 10 years.,a. What would be the bond’s price if comparable debt yields 8%?,b. What would be the price if comparable debt yields 8% and the bond matures after 5 years?,c. Why are the prices different in a and b?,d. What are the current yields and the yields to maturity in a and b?,
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