By How Much Will a Bond Increase in Price Over

question 90

Multiple Choice

By how much will a bond increase in price over the next year if it currently sells for $925.16, has 5 years until maturity, and an annual coupon rate of 7%? (Do not round intermediate calculations.)

• A) $8.26
• B) $8.92
• C) $12.53
• D)$11.98

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