Question: An 8 % , five - year bond yields 5 % . If this yield to maturity remains unchanged, what will be its price one

An 8%, five-year bond yields 5%. If this yield to maturity remains unchanged, what will be its price one year hence? $[answer]
Assume annual coupon payments and a face value of $1,000
Answer should be written as dollars and cents (two decimal places) and no dollar sign.
Example... 2050.25
 An 8%, five-year bond yields 5%. If this yield to maturity

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