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24 A bond that pays interest semiannually has a coupon rate of 5.17 percent and a current yield of 5.49 percent. The par value is

24 A bond that pays interest semiannually has a coupon rate of 5.17 percent and a current yield of 5.49 percent. The par value is $1,000. What is the bond's price?

$926.02

$1,061.90

$941.71

$970.86

$1,020.19

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