If a Four Year Bond with a 7% Coupon and a 10

question 129

Multiple Choice

If a four year bond with a 7% coupon and a 10% yield to maturity is currently worth $904.90, how much will it be worth one year from now if interest rates are constant?

• A)$904.90
• B)$925.39
• C)$947.93
• D)$1,000.00 Using the BAII Plus calculator:

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