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You buy a 12 - year bond today for $976.42. The bond has coupon rate of 5.82 percent and pays coupons semiannually. The face value
You buy a 12 - year bond today for $976.42. The bond has coupon rate of 5.82 percent and pays coupons semiannually. The face value of the bond is $1,000. Assuming market interest rates don't change during your investment period, how much can you sell the bond for three years from today?
Group of answer choices
$980.83
$990.50
$992.42
$989.13
$982.77
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