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17. There is a $1000 bond with 1 year to maturity, a 10% coupon rate, semianmal coupons, and a yield-to- maturity of 12% (APR). What

17. There is a $1000 bond with 1 year to maturity, a 10% coupon rate, semianmal coupons, and a yield-to- maturity of 12% (APR). What is the price one should expect to pay? A. $1000 B. $981.67 C. $937.5 D. $895.19

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