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A $1,000 face value bond currently has a yield to maturity of 5.0 percent. The bond matures in 10 years and pays interest annually. The

A $1,000 face value bond currently has a yield to maturity of 5.0 percent. The bond matures in 10 years and pays interest annually. The coupon rate is 6 percent. What is the current price of this bond?

$1,235.17

$993.40

$1,077.22

$1,109.14

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