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Finance

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A 20-year, $1,000 par value bond has a 9% annual 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

  • Finance -

    23

  • Finance -

    TA MÈRE

    SOIT

    1000/925 X 0.25 / 1000/925^15

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