Question: If a 3 0 - year bond with a par value of R 1 0 0 0 and an annual coupon rate of 1 ,

If a 30-year bond with a par value of R1000 and an annual coupon rate of 1,12% currently sells for R120,94, and assuming the yield to maturity remains constant, what would be the price of the bond five years from now?"

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