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A $1,000 par value bond pays a coupon rate of 8.2%. The bond makes quarterly payments and it matures in five years. If the investors

"A $1,000 par value bond pays a coupon rate of 8.2%. The bond makes quarterly payments and it matures in five years. If the investors require a 10% return on this investment, what is the bond's price? "

		$887.04
		$929.84
		$987.27
		"$1,054.34

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