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At what price should you be able to sell the bond

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Question - You've just purchased a $1,000 face value bond for $930. It pays semi-annual coupons and has 10 years to maturity and a 7.60% coupon rate. At what price should you be able to sell the bond in 4 years if market rates are expected to remain the same for the foreseeable future?

Reference no: EM133112739

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