Question: Flag question Question text Based on the following information concerning YYU bonds: Par value: $1,000 Years to maturity: 25 years Coupon rate: 8% paid

Flag question Question text Based on the following information concerning YYU bonds: Par value: $1,000 Years to maturity: 25 years Coupon rate: 8% paid semiannually Beta: 1.5 Risk-free rate: 4% Market risk premium: 8% What is the expected price of the bond in 4 years? Assume that the interest rate will remain at the current rate.

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