Question: A 20-year $1,000 par value bond has a 9.5% yleld 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% yleld to maturity. The bond currently sells for $867.81. If the annual coupon rate remains at its current rate, what will the price be 4 years from now? 879.07 875.86 872.93 870.26 None of the above
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