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16: What is the market price of an annual bond that has an annual coupon rate of 2.5 percent, has a face value of $1,000,
16: What is the market price of an annual bond that has an annual coupon rate of 2.5 percent, has a face value of $1,000, matures In 12 years, and has a yield to maturity of 3.5%? O $809.33 O $890.34 O $903.37 O $1,102.58 O $1,143.40
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