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A bond currently sells for $ 9 2 5 . It is a 2 0 - year bond with a par value of $ 1
A bond currently sells for $ It is a year bond with a par value of $ and has a annual coupon. If the bond's yield to maturity YTM remains at its current rate, what will be the price of the bond years from now? Hint: Think of remaining years to maturity and find YTM first
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