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A bond has a coupon rate of 5.35% and a current yield of 4.85%. The par value is $1,000. What is the bonds price? a

A bond has a coupon rate of 5.35% and a current yield of 4.85%. The par value is $1,000. What is the bonds price?

a $1,051.55
b $906.54
c $1,103.09
d $1,195.02

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