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Find the price of a three-year bond with a face value of $500 and coupons at 12% per annum payable semiannually. The bond is

Find the price of a three-year bond with a face value of $500 and coupons at 12% per annum payable semiannually. The bond is redeemable at par and bought to yield 8%. O $462.50 O $520.67 O $552.42

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