Question: Consider again the five - year, $ 1 0 0 0 bond with a 3 % coupon rate and semiannual coupons. Suppose market interest rates

Consider again the five-year, $1000 bond with a 3% coupon rate and semiannual coupons. Suppose market interest rates increase and the bond's yield to maturity increases from 2% to 4.0%(expressed as an APR with semiannual compounding). What price is the bond trading for now?

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