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An 18-year semi-annual coupon bond has a face value of $250,000 and coupon rate of 6.46 percent. The price of the bond i...

An 18-year semi-annual coupon bond has a face value of $250,000 and coupon rate of 6.46 percent. The price of the bond is $227,290. If the yield to maturity of this bond does not change during the life of the bond, what will its price be 11 years from today?

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B 2 Face Value 3 Price of Bond today 4 Years to Maturity 5 Coupon Rate 6 Frequency 7 YTM $250,000 $227,290 18 6.46% 7.38% 9 YА 1 2 Face Value 3 Price of Bond today 4 Years to Maturity 5 Coupon Rate 6 Frequency 7 YTM 250000 227290 18 0.0646 =B6*RATE(B

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