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7. A $1,000 par value bond matures in seven years, has an annual coupon rate of 7.50%, and has a yield to maturity of 6.23%.
7. A $1,000 par value bond matures in seven years, has an annual coupon rate of 7.50%, and has a yield to maturity of 6.23%. What is the current market price of the bond? A. $1,070.32 B. $947.21 C. $959.58 D. $1.041.49 E. $962.40 
7. A $1,000 par value bend matures in seven years, has an annual coupon rate of 7.50%, and has a yield to maturity of 6.23%. What is the current market price of the bond? A. $1,07032 B. $947.21 C. 5959.58 D. 51,041.49 E. $962.40
7. A $1,000 par value bond matures in seven years, has an annual coupon rate of 7.50%, and has a yield to maturity of 6.23%. What is the current market price of the bond? A. $1,070.32 B. $947.21 C. $959.58 D. $1.041.49 E. $962.40
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