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A $1,000 face value bond currently has a yield to maturity of 6.75% percent. The bond matures in 8 years and pays interest annually. The

A $1,000 face value bond currently has a yield to maturity of 6.75% percent. The bond matures in 8 years and pays interest annually. The coupon rate is 7.5 percent. What is the current price of this bond? A. $1,000.00 B. $1,045.22 C. $1,072.50 D. $1,060.25 E. $1,035.48

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