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You just purchased a 15-year bond with an 12% annual coupon. The bond has a face value of $1,000 and a current yield of 10%.

You just purchased a 15-year bond with an 12% annual coupon. The bond has a face value of $1,000 and a current yield of 10%. Assuming that the yield to maturity of 9.35% remains constant, what will be the price of the bond 2 years from now?

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