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A $2,500 bond with a coupon rate of 5% paid semi-annually has five years to maturity and a yield to maturity of 8.7%. What is

A $2,500 bond with a coupon rate of 5% paid semi-annually has five years to maturity and a yield to maturity of 8.7%. What is the price of this bond? 5 Question 6 Saved $9,771.01 $2,131.32 $7,440.94 $9,573.49 $10.915.94

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