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a 4. Consider a $100 (par amount) municipal bond with a 3.25% coupon that pays interest semi-annually and matures in ten years. If its yield

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a 4. Consider a $100 (par amount) municipal bond with a 3.25% coupon that pays interest semi-annually and matures in ten years. If its yield to maturity is 3.75%, then its price is closest to: A. $102.29 B. $97.74 C. $95.89 D. $95.86

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