A 25-year 1000 par value bond has an 85 annual payment
A 25-year, $1,000 par value bond has an 8.5% annual payment coupon. The bond currently sells for $925. If the yield to maturity remains at its current rate, what will the price be 5 years from now?
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a 25-year 1000 par value bond has an 85 annual payment coupon the bond currently sells for 925 if the yield to maturity
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