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1. a bond has a face (maturity) value of $1000, 5 years til maturity, an annual coupon rate of 7% and ayield to maturity of
1. a bond has a face (maturity) value of $1000, 5 years til maturity, an annual coupon rate of 7% and ayield to maturity of 5%. how much willl the bond price change in 1 year if the yield remains constant?
2. What is the current yield on the bond at 1year and year 2?
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