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A 25-year, $1,000 par value bond has an 8.0% annual payment coupon. The bond currently sells for $885. If the yield to maturity remains at
A 25-year, $1,000 par value bond has an 8.0% annual payment coupon. The bond currently sells for $885. If the yield to maturity remains at its current rate, what will the price be 5 years from now? Do not round your intermediate calculations. a. $823.78 b. $959.14 c. $874.48 d. $892.93 e. $953.99
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Fundamentals Of Futures And Options Market
Authors: John C. Hull
6th Edition
0132242265, 9780132242264
