Question: A 2 0 - year, $ 1 , 0 0 0 par value bond has a 7 % annual payment coupon. The bond currently sells
A year, $ par value bond has a annual payment coupon. The bond currently sells for $ If the yield to maturity remains at the current rate, what will the price be years from now?
Your answer should be between and rounded to decimal places, with no special characters.
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