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3 One year ago, Kris Kringle Corporation issued $1,000 face value bonds with a 3 percent annual coupon. When they were issued the bonds had

3 One year ago, Kris Kringle Corporation issued $1,000 face value bonds with a 3 percent annual coupon. When they were issued the bonds had a 15 year maturity. What is the price of the bonds today if the yield to maturity is now 4 percent? $739.17 $792.41 $802.03 $894.37 $898.94

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