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A 21-year bond has a 3 percent annual coupon, a yield to maturity of 5 percent, and a face value of $1,000. what is the
A 21-year bond has a 3 percent annual coupon, a yield to maturity of 5 percent, and a face value of $1,000. what is the price of the bond?
A. 763.58
B. 733.58
C. 743.58
D. 723.58
E. 753.58
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