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Question 7 (2 points) Company XYZ has a bond with par value of $1,000 that will mature in 20 years. The bond pays coupon rate

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Question 7 (2 points) Company XYZ has a bond with par value of $1,000 that will mature in 20 years. The bond pays coupon rate of 8.00% with semi-annual payments. Assuming that the YTM on this bond will remain constant @ 7.73\%, what will the bond price be at the end of year 14? Your Answer: Answer units

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