A 25 year 1000 par value bond has an annual coupon of 85
A 25 year, $1,000 par value bond has an annual coupon of 8.5%. The bond currently sells for $875. If the yield to maturity remains at its current rate, what would be the bond price 5 years from now?
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a 25 year 1000 par value bond has an annual coupon of 85 the bond currently sells for 875 if the yield to maturity
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