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10 point UH wants to fund the new medical school by taking out some debt. UH decides to issue a SEMI-annual coupon bond. The bond

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10 point UH wants to fund the new medical school by taking out some debt. UH decides to issue a SEMI-annual coupon bond. The bond has face value of $1,000, a coupon rate of 5%, a YTM of 8%, and 15 years to maturity. What is the price of this UH bond? $820 $1,000 $980 O $741

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