Question: e Question 24 5.88 pts A bond has $1,000 face value, 20 years to maturity. 7.8% annual coupon rate with coupons paid semiannually. The bond

e Question 24 5.88 pts A bond has $1,000 face value, 20 years to maturity. 7.8% annual coupon rate with coupons paid semiannually. The bond is selling today for $980. If the yield to maturity of the bond remains the same for the next 8 years, what will be the price of the bond be 8 years from today? $980.59 $982.17 $984.59 $988.22

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