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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?

Question 20 options:

$9,771.01

$2,131.32

$7,440.94

$9,573.49

$10,915.94

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