Question: Question 14 (2.5 points) A 30 year bond was issued 5 years ago. It has $1,000 par value bond has an 9.5% annual payment coupon.

Question 14 (2.5 points) A 30 year bond was issued 5

Question 14 (2.5 points) A 30 year bond was issued 5 years ago. It has $1,000 par value bond has an 9.5% annual payment coupon. The bond currently sells for $825. If the yield to maturity remains at its current rate, what will the price be 5 years from now? $835.17 $833.70 $856.82 $822.15 $815.08 $825.00

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