What price will the bond trade? for

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Suppose a? seven-year, $ 1 000 bond with a 7.7% coupon rate and semiannual coupons is trading with a yield to maturity of 6.68 %, If the yield to maturity of the bond rises to 7.33 % (APR with semiannual? compounding), what price will the bond trade? for?

Reference no: EM132169036

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