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A $1,000 par value bond pays interest of $36 each quarter and will mature in 12 years. If your nominal yield to maturity is 11.55%
A $1,000 par value bond pays interest of $36 each quarter and will mature in 12 years. If your nominal yield to maturity is 11.55% with quarterly compounding, how much should you be willing to pay for this bond? O $1,065.59 O $1,058.52 O $1,107.99 O $1,183.82 O $1,191.26
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