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A 6 - year maturity bond with a $ 1 , 0 0 0 face value makes semi - annual coupon payments and has a

6 -

year maturity bond with a $

1, 000

face value makes semi

-

annual coupon payments and has a coupon rate of

12

percent. What is the bond's price if the bond's yield to maturity is

9

percent?Multiple Choice$

874

1, 077

1, 137

1, 143

1, 408

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