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3 What is the price of a bond with a coupon rate of 8.05% and semi-annual payments. If the yield-to-maturity is 10.85% and the bond

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3 What is the price of a bond with a coupon rate of 8.05% and semi-annual payments. If the yield-to-maturity is 10.85% and the bond matures in res in 20 years? Assume a par value of $1,000 4 points Shoped Mutiple Choice who $1.425.39 References $773.12 1998 31 583155 538118

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