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A 15 year, $1,000 par value bond has an 8% semi-annual payment coupon. The bond currently sells for $925. if the yield to maturity remains

A 15 year, $1,000 par value bond has an 8% semi-annual payment coupon. The bond currently sells for $925. if the yield to maturity remains at it's current rate, what will the price be 5 years from now?

Why the YTM (per 6 month period) is equal to 4.46%

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