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What should be the price of a 28-year bond per $1,000 face value with a 4% annual coupon when interest rates for such bonds should
What should be the price of a 28-year bond per $1,000 face value with a 4% annual coupon when interest rates for such bonds should be 5%?
$840.17
$851.02
$862.35
$873.53
$884.78
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