Question: Question 41 A bond has a $1,000 par value, 20 years to maturity, a 5% annual coupon, and sells for $1,080. Assume that the yield

Question 41 A bond has a $1,000 par value, 20 years

Question 41 A bond has a $1,000 par value, 20 years to maturity, a 5% annual coupon, and sells for $1,080. Assume that the yield to maturity remains constant for the next 8 years. What will be the price 8 years from today? $1,183 \$1,332 $1.455 $1,254 $1,056

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