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The coupon rate for a bond is 12%, the face value is $1,000, YTM is 12%, and there are 15 years to maturity. Assume that

The coupon rate for a bond is 12%, the face value is $1,000, YTM is 12%, and there are 15 years to maturity. Assume that YTM increases to 14% after one year, the bond price is

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