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A 25 year bond was issued 10 years ago. It has $1,000 par value bond has an 8.5% annual payment coupon. The bond currently

A 25 year bond was issued 10 years ago. It has $1,000 par value bond has an 8.5% annual payment coupon. The bond currently sells for $825. If the yield to maturity remains at its current rate, what will the price be 5 years from now? $825.00 $842.55 $818.83 $815.08 $835.17 $856.82 Page 13 of 14

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