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A 12-year bond has a 9 percent annual coupon, a yield to maturity of 8 percent, and a face value of $1,000. What is the

A 12-year bond has a 9 percent annual coupon, a yield to maturity of 8 percent, and a face value of $1,000. What is the price of the bond?

Ltfen birini sein:

A. $ 928

B. $1,257

C. $1,000

D. $1,469

E. $1,075

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