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uestion 9 Save Answer 3 points A 30-year, $1,000 par value bond has an 110% annual payment coupon. The bond currently sells for $1,100. If

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uestion 9 Save Answer 3 points A 30-year, $1,000 par value bond has an 110% annual payment coupon. The bond currently sells for $1,100. If the yield to maturity remains at its current rate, what will the price be 5 years from now? First find the YTM at this time, then use the YTM with the other data to find the bond's price 5 years later) You are not required to show calculations. However to receive credit you must provide the inputs used (N, PMT, FV, VY, PV) to solve. If you utilize a template, you can copy and paste the section used in the submission. $1,040.08 $1,096.25 $1,100.00

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