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EXCEL BASED ANSWER PLEASE Consider a 1 0 - year bond with an 8 % coupon rate paid semi - annually that is currently trading

EXCEL BASED ANSWER PLEASE

Consider a

10 -

year bond with an

8 %

coupon rate paid semi

-

annually that is currently trading at a yield

to maturity of

9 % .

If yields remain constant over the course of the next year, what will be the price of

the bond in a year?

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