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A 2 5 year 1 0 0 0 per value bond has an 8 . 5 % annual payment coupon coupons are paid monthly Le

A 25 year 1000 per value bond has an 8.5% annual payment coupon coupons are paid monthly Le Bon currently sells for $925 if the yield to maturity and seven years is 3% what will the price be seven years from now

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