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If a 4-Year Bond with a 7% Coupon and a 10

Question 100

Multiple Choice

If a 4-year bond with a 7% coupon and a 10% yield to maturity is currently worth $904.90,how much will it be worth 1 year from now if interest rates are constant?


A) $904.90
B) $925.39
C) $947.93
D) $1,000.00

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