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A 2-year semi-annual bond with an annual coupon rate of 4.8%, and a face value of $1,000, has an effective annual yield of 10.25%. What
A 2-year semi-annual bond with an annual coupon rate of 4.8%, and a face value of $1,000, has an effective annual yield of 10.25%. What is the bonds price?
$949
$908
$1,103
$904
$906
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