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30 A coupon bond with a $1,000 par value has an 6.34% coupon rate. It will mature in 6 years, and coupon payments are made

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30 A coupon bond with a $1,000 par value has an 6.34% coupon rate. It will mature in 6 years, and coupon payments are made annually. Present annual yields on similar bonds are 6.15%. What should the current price be; a 1,009.30 b 1,009.99 c 1,010.77 d 1,011,33

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