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A 27 year US T-bond with face value of $1,000 pays a coupon of 7%. The reported yield to maturity is 6%. What is the

A 27 year US T-bond with face value of $1,000 pays a coupon of 7%. The reported yield to maturity is 6%. What is the present value of the bond?

A. 759.8

B. 1091.5

C. 536.1

D. 1132.1

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