[Solved] A 30 year bond has a $1,000 Par Value, as

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A 30 year bond has a $1,000 Par Value, as of today has 15 years before maturity, has a 7% annual coupon and sells for

A 30 year bond has a $1,000 Par Value, as of today has 15 years before maturity, has a 7% annual coupon and sells for $1,207.59. If the Yield- to-maturity (Market rate) remains the same, what will the price of the bond be in 4 years? O $1,287.50 O $1,307.45 O $1,207.59 O $1,166.13 O None of these selections are correct

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