Bond of Boston

A bond of Boston Scientific Corp is trading at 113.22, pays a coupon rate of 6.250%, and matures in three semesters. Using the bond yield calculator, its yield to maturity is found to be _______.”Like other bonds, Boston Scientific’s market price adjusts to interest rate conditions at the time. Further, its yield reflects the state of interest rates in the money markets at the time of calculation.” Please comment on this statement.

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