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A $1,000 par bond with a 8% semi-annual coupon and a yield to maturity of 5.5% has 25 years to maturity. What is the price

A $1,000 par bond with a 8% semi-annual coupon and a yield to maturity of 5.5% has 25 years to maturity. What is the price of the bond?

A. $746.03

B. $1,337.46

C. $1,273.56

D. $822.31

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