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A 7.5% annual coupon LATAM Airlines bond has a 5.85% yield to maturity. The maturity date is in 9 years. What is the price of
A 7.5% annual coupon LATAM Airlines bond has a 5.85% yield to maturity. The maturity date is in 9 years. What is the price of a $950 face value bond? Select one: a. 1300.50 b. 1175.32 c. 874.70 d. 1057.32 e. 792.99
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