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6. The YTM on a 10 percent, 15 -year bond is 12 percent. What is the price of this bond? a. $714.28 b. $1148.77 c.

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6. The YTM on a 10 percent, 15 -year bond is 12 percent. What is the price of this bond? a. $714.28 b. $1148.77 c. $862.34 d. $1065.44

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