Question: QUESTION 9 1 points saved A bond has a par value of $1,000.00, 12 years until maturity, and pays a coupon rate of 7.70% annually.
QUESTION 9 1 points saved A bond has a par value of $1,000.00, 12 years until maturity, and pays a coupon rate of 7.70% annually. The current market price is $933.00. Assume that the yield to maturity remains constant for the next three years. Forecast the price of the bond 3 years from today $944.12 $900.48 $900.48 $878.41 $856.16
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