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A $1,000 par value bond will mature in 20 years. This bond has a 4.5% annual coupon. If the bond has a yield to maturity

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A $1,000 par value bond will mature in 20 years. This bond has a 4.5% annual coupon. If the bond has a yield to maturity of 9%, what is the current price of this bond? a. $589.22 b. $599.35 C. $623.61 d. $625.40 e. $651.35

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