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?

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