A ten year, $1,000 bond pays interest of $70 at the end of each year. The present yield-to-maturity is 9%, and the bond's market price if $871.65. If the yield-to-maturity remains at 9%, in two years the bond's market price increase will be

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The Answer of A ten year, $1,000 bond pays interest of $70 at the end of each year. The present yield-to-maturity is 9%, and the bond's market price if $871.65. If the yield-to-maturity remains at 9%, in two years the bond's market price increase will be

A Ten Year, $1,000 Bond Pays Interest of $70 at the End