Question: A $1,000 par value bonds coupon rate is 4% per year but it pays coupon twice a year. The yield to maturity is 6 percent

A $1,000 par value bonds coupon rate is 4% per year but it pays coupon twice a year. The yield to maturity is 6 percent p.a. and it has 8 years to maturity. If the yield to maturity remains unchanged what would be the price 3 years from now?

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