[Solved] 16. What is the price of a coupon bond th

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16. What is the price of a coupon bond that has annual coupon payments of $85, a par value of $1,000, a yield to maturity

16. What is the price of a coupon bond that has annual coupon payments of $85, a par value of $1,000, a yield to maturity of 10%, and a maturity of three years? O A. $211.38 OB. $898.84 OC. $962.70 OD. $.1255.00

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