A) A bond offers a coupon rate of 9%, paid annually, and has a
maturity of 14 years. The current market yield is 10%. Face value
is $1,000. If market conditions remain unchanged, what should the
price of the bond be in 1 year? Assume the market yield remains
unchanged.
B) A bond currently trades at a price of $852.72 in the market.
The bond offers a coupon rate of 7%, paid annually, and has a
maturity of 15 years....