Question: A 20-year. $1,000 par value bond has a 9.5% yield to maturity. The bond currently sells for $867.81. If the annual coupon rate remains at
A 20-year. $1,000 par value bond has a 9.5% yield to maturity. The bond currently sells for $867.81. If the annual coupon rate remains at its current rate, what will the price be 3 years from now? $875.86 B) $886.42 S879.07 5882.58 None of the above
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