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A 20-year bond with a par value of $1,000 has a 9% annual coupon. The bond currently sells for $925. If the bond's yield to
A 20-year bond with a par value of $1,000 has a 9% annual coupon. The bond currently sells for $925. If the bond's yield to maturity remains at its current rate, what will be the price of the bond 5 years from now?
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