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6. Chapter MC, Section .05, Problem 029.Algo A 25-year, $1,000 par value bond has an 8.5% annual coupon. The bond currently sells for $1,025. If

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6. Chapter MC, Section .05, Problem 029.Algo A 25-year, $1,000 par value bond has an 8.5% annual coupon. The bond currently sells for $1,025. If the yield to maturity remains at its current rate, what will the price be 5 years from now? Select the correct answer. Oa. $1,025.82 Ob. $1,014.78 Oc. $1,020.30 Od. $1,023.06 Oe. $1,017.54

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