Question: An 8%, five-year bond yields 6%. If this yield to maturityremains unchanged, what will be its price one year hence? Assumeannual coupon payments and a

An 8%, five-year bond yields 6%. If this yield to maturityremains unchanged, what will be its price one year hence? Assumeannual coupon payments and a face value of $1,000.Note: Do notround interme 1 answer

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