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A $1,000 par bond with a 5% semi-annual coupon and 12 years to maturity trades at a yield of 8%. What should be the price

A $1,000 par bond with a 5% semi-annual coupon and 12 years to maturity trades at a yield of 8%. What should be the price of this bond? O A. $771.30 O B. $585.52 O C. $420.92 OD. 1.152.47 Reset Selection Mark for Review What's This? to search O Le

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