five years ago, a 20-year bond with a par value of $1000 and 9 percent...
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Finance
five years ago, a 20-year bond with a par value of $1000 and 9 percent coupon rate paid semiannually was issued. if the bonds yield to maturity of 12% remain at its current rate, what will be the price of the bond 5 years from now? A. $933.09 B. $808.25 C. $795.67 D. $827.96 E. $830.49
A. $933.09
B. $808.25
C. $795.67
D. $827.96
E. $830.49
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