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A 6.44% annual coupon, 9-year bond has a yield to maturity of5.81%. Assuming the par value is $1,000 and the YTM is expected notto change

A 6.44% annual coupon, 9-year bond has a yield to maturity of5.81%. Assuming the par value is $1,000 and the YTM is expected notto change over the next year, what is bond price expected to be inone 2 answers

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