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You buy a 14 - year bond today for $1,044.38. The bond has coupon rate of 6.72 percent and pays coupons semiannually. The face value
You buy a 14 - year bond today for $1,044.38. The bond has coupon rate of 6.72 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 five years from today?
Group of answer choices
$1,020.35
$1,063.91
$1,050.95
$1,018.58
$1,032.68
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