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A 25-year, $1,000 par value bond has an 8.5% annual payment coupon. The bond currently sells for $875. If the yield to maturity remains at
A 25-year, $1,000 par value bond has an 8.5% annual payment coupon. The bond currently sells for $875. If the yield to maturity remains at its current rate, what will the price be 5 years from now?
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Computational Finance And Its Applications
Authors: C. A. Brebbia, M. Costantino
1st Edition
1853127094, 978-1853127090
