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A 14 year semiannual payment US T-bond with face value of $1,000 pays a coupon of 6%. The reported yield to maturity is 8%. What

A 14 year semiannual payment US T-bond with face value of $1,000 pays a coupon of 6%. The reported yield to maturity is 8%. What is the present value of the bond?

A. 636.9

B. 894.3

C. 833.4

D. 1043.7

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