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A 6% $1,000 bond of matures in seven years, pays interest semi annually, and has a yield to maturity of 4,12 percent. What is the
A 6% $1,000 bond of matures in seven years, pays interest semi annually, and has a yield to maturity of 4,12 percent. What is the current market price of the bond?
A.$882.62
B.$959.09
C.$1,077.83
D.$1,113.32
E.$1,197.02
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