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26. Last year, BT Motors issued 30-year bonds with a 3.5% coupon and semi-annual interest payments. What is the market price of a $1,000 par

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26. Last year, BT Motors issued 30-year bonds with a 3.5% coupon and semi-annual interest payments. What is the market price of a $1,000 par value bond if current yield to maturity has increased to 4.7\%? A. $1,003.97 B. $958.05 C. $921.40 D. $879.34 E. \$811.05

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