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#34 About what is the price of a 6% coupon, $1,000 par bond, 15 years to maturity if the yield to maturity is 5%? $1,103.80

#34 About what is the price of a 6% coupon, $1,000 par bond, 15 years to maturity if the yield to maturity is 5%?

$1,103.80

$1,124.62

$1,000.00

$885.30

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