Question: Use the bond term's below to answer the question . Maturity: 10 years Coupon Rate: 4% (annual coupons) Face value: $1,000 YTM 2% (interest rate)

Use the bond term's below to answer the question . Maturity: 10 years Coupon Rate: 4% (annual coupons) Face value: $1,000 YTM 2% (interest rate) Assuming the YTM remains constant throughout the bond's life, what is the bond's price in year 6?

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