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33 Assume a bond has a $1,000 face value and a 4 percent yield to maturity. This bond will pay a total of 12 semi-annual

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33 Assume a bond has a $1,000 face value and a 4 percent yield to maturity. This bond will pay a total of 12 semi-annual coupons of $18 each over the remainder of its life. What is the market value of this bond? A $1,490.54 B $978.85 C $962.46 D $793.53

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