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As with most bonds, consider a bond with a face value of $ 1 , 0 0 0 . The bond's maturity is 1 8
As with most bonds, consider a bond with a face value of $ The bond's maturity is years, the coupon rate is paid annually, and the market yield discount rate is
What should be the estimated value of this bond in one year? Assume the market yield remains unchanged.
Enter your answer in terms of dollars and cents, rounded to decimals, and without the dollar sign. That means, for example, that if your answer is $ you must enter
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