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A 25-year, $1,000 par value bond has an 8.5% semi-annual payment coupon. The bond currently sells for $825. If the yield to maturity remains at

A 25-year, $1,000 par value bond has an 8.5% semi-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?

$878.69

$834.83

$825.00

$813.45

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