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A bond has $1,000 face value, 21 years to maturity, and 5.6% annual coupon rate with coupons paid semiannually. The yield to maturity (YTM) is

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A bond has $1,000 face value, 21 years to maturity, and 5.6% annual coupon rate with coupons paid semiannually. The yield to maturity (YTM) is 6.26%. What is this bond's market price? Assume the interest rate compounds semiannually. O$966.43 $982.25 O$923.46 O$954.25 Sfinte

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