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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? $1,051.55

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?

$1,051.55
$906.54
$1,103.09
$1,195.02

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