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A 13-year bond pays interest of $45 every six months and will mature for $1.000. Also assume that the yield to maturity on this
A 13-year bond pays interest of $45 every six months and will mature for $1.000. Also assume that the yield to maturity on this bond is currently 7.82 percent. Given this information, determine the current price of this bond. O $1095.23 O $1,109.94 $1,080.83 O $1103.15 $1087.79
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