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A semiannual 1 5 - year, 6 . 5 % bond has a par value $ 1 , 0 0 0 . The bond currently

A semiannual 15-year, 6.5% bond has a par value $1,000. The bond currently sells for $995. If the yield to maturity remains at its current rate, what will the price be 10 years from now? Step by step formulas (no excel)

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