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  3. a 25-year, $1,000 par value bond has an 8.0% annua

A 25-year, $1,000 par value bond has an 8.0% annual payment coupon. The bond currently...

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A 25-year, $1,000 par value bond has an 8.0% annual payment coupon. The bond currently sells for $885. If the yield to maturity remains at its current rate, what will the price be 6 years from now? Do not round your intermediate calculations, a. 5826.83 b. 3959.92 O $875.21 d. $894 98 e 3946.97

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