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A 7-year coupon bond was issued 3 years ago. It pays 8 percent coupon semi-annually, and has a yield to maturity of 6 percent. What
A 7-year coupon bond was issued 3 years ago. It pays 8 percent coupon semi-annually, and has a yield to maturity of 6 percent. What is the current market price of the bond?
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$1,073
$1,070
$1,113
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