Question: Question 16 A 20 year, $1.000 par value bond has a 7% annual payment coupon. The bond currently sells for $800. If the yield to

Question 16 A 20 year, $1.000 par value bond has a 7% annual payment coupon. The bond currently sells for $800. If the yield to maturity remains at the current rate, what will the price be 10 years from now? 5 pts Your answer should be between 770.15 and 1.026.90. rounded to 2 decimal places, with no special characters

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