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A $1000 bond is purchased at a price to yield 6.5% compounded annually. The bond has 13% annual coupons. You are given that the interest

A $1000 bond is purchased at a price to yield 6.5% compounded annually. The bond has 13% annual coupons. You are given that the interest portion of the second coupon is $93.38. What is the price of the bond? (Answer to the nearest dollar)

A.
$1410
B.
$1471
C.
$1837
D.
$1500

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