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2. A coupon bond which pays interest semi-annually has a par value of $1,000, matures in 7 years, and has a yield to maturity of

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2. A coupon bond which pays interest semi-annually has a par value of $1,000, matures in 7 years, and has a yield to maturity of 5%. If the coupon rate is 6%, the price of the bond today will be (to the nearest dollar). A. $1,000 B. $1,058 C. $1,063 D. $1,081 E. $1,100

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