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A five-year bond with a $1,000 face value, coupon rate of 6.0% paid annually has a YTM=6%. What should be the price of the bond
A five-year bond with a $1,000 face value, coupon rate of 6.0% paid annually has a YTM=6%. What should be the price of the bond four years from today, if the YTM stays constant over time?
Group of answer choices
$1,069.52
$1,268.13
$1,009.52
$1,000.00
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