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  3. 1. a 9.5%, 16-year bond is quoted at 94.75. if, in

1. A 9.5%, 16-year bond is quoted at 94.75. If, in 3 years, the bond...

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Finance

1. A 9.5%, 16-year bond is quoted at 94.75. If, in 3 years, the bond is selling to yield

9%, what would be its price then and what would be your percentage return if you

sell at that time?

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