What do you expect the price of the bond to be in two years

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You own a bond with the following features: 9 years to maturity, face value of $1000, coupon rate of 2% (annual coupons) and yield to maturity of 5.7%. If you expect the yield to maturity to remain at 5.7%, what do you expect the price of the bond to be in two years?

Reference no: EM131020095

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