Question: D Question 16 5 pts A 20-year. $1,000 par value bond has a 7% annual payment coupon. The bond currently sells for $780. If the
D Question 16 5 pts A 20-year. $1,000 par value bond has a 7% annual payment coupon. The bond currently sells for $780. If the yield to maturity remains at the current rate what will the price be 10 years from now? Your answer should be between 770.15 and 1.026.90, rounded to 2 decimal places, with no special characters. G Search or type URL $ 4. 3 % 5 & 7 6 8 9 R T Y F. G K
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