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A 12-year bond with a par value of $1,000 has a 14.7 percent annual coupon. The bond currently sells for $886. If the bond's yield
A 12-year bond with a par value of $1,000 has a 14.7 percent annual coupon. The bond currently sells for $886. If the bond's yield to maturity remains at its current rate, what will be the price of the bond 2 years from now? $853.54 $873.54 $893.54 O$913.54 $933.54
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