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You are considering using a riding-the-yield-curve strategy. You can buy a $1,000 par value bond with a life of 8 years and a coupon rate

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You are considering using a "riding-the-yield-curve" strategy. You can buy a $1,000 par value bond with a life of 8 years and a coupon rate of 6%. If you sell the bond after 4 years when the bond has YTM of 7125%, how much will you receive? Payments are made annually Select one: $933.15 $1,033.15 $962.00 $1,062.00

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