Consider a twenty-year bond with a 9% coupon that has a yield to maturity of 8.5%. If interest rates remain constant, one year from now the price of this bond will be

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Consider a twenty-year bond with a 9% coupon that has a yield to maturity of 8.5%.  If interest rates remain constant, one year from now the price of this bond will be

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The Answer of Consider a twenty-year bond with a 9% coupon that has a yield to maturity of 8.5%.  If interest rates remain constant, one year from now the price of this bond will be

Consider a Twenty-Year Bond with a 9% Coupon That Has