What will be the bonds price two years from
A 10-year, $1,000 face value bond has an 8% annual coupon and a yield to maturity of 10%. If market interest rates remain at 10%, what will be the bond's price two years from today?
a. $ 877.11
b. $ 893.30
c. $1,061.30
d. $ 912.55
e. $1,023.06
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