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    Values of Bonds: Knapp Bros

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    A 30-year, $1,000 par value bond has a 9.5% annual payment coupon. The bond currently sells for $875,. If the yield to maturity remains at its current rate, what will the price be 9 years from now?

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    https://brainmass.com/business/business-math/values-bonds-knapp-bros-493896

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    Solution Summary

    The value of bonds for Knapp Bros is determined.

    $2.19

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