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A $ 1 , 0 0 0 par value bond sells for $ 8 6 3 . 0 5 . It will mature in 1
A $ par value bond sells for $ It will mature in years and has a percent annual coupon rate paying coupon semiannually. What is the bonds yield to maturity YTM on a per annum basis? If the YTM remains unchanged, what would be the price of the bond years from now
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