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17. A coupon bond which pays interest semi-annually has a par value of $1,000, matures in 14 years, and has a yield to maturity of
17. A coupon bond which pays interest semi-annually has a par value of $1,000, matures in 14 years, and has a yield to maturity of 5.28%. If the coupon rate is 4.8%, the price of the bond today will be A. $826.31 B. \$952.92 C. $1,001.23 D. $1,096.78
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