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#17. What must be the price of a $ 1000 bond with a 6.5% coupon rate, annual coupons, and 20 years to maturity if YTM
#17. What must be the price of a $ 1000 bond with a 6.5% coupon rate, annual coupons, and 20 years to maturity if YTM is 7.9 % APR? A. $ 1033.82
B. $ 861.52
C. $ 689.21
D. $ 1206.12
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