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A $ 1000 bond has a 7.5% coupon and matures after 10 years. If the current interest rate is 10%, what will be the price

A $ 1000 bond has a 7.5% coupon and matures after 10 years. If the current interest rate is 10%, what will be the price of the bond? If after 10 years the interest rates increase up to 10%, what will be the price of the bond?

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