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Say you buy a new 10 year bond with a 4% annual coupon and a face value of $1,000. After four years you decide to
Say you buy a new 10 year bond with a 4% annual coupon and a face value of $1,000. After four years you decide to sell in, meaning that there are six (6) years left to maturity. The interest is now 6.0 percent. What is the selling price of the bond (show your calculations)
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