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a bond has a face value of $1000 and 10 years until maturity. the bond has a 3%APR coupon with semi-annual coupon payments. currently, investors
a bond has a face value of $1000 and 10 years until maturity. the bond has a 3%APR coupon with semi-annual coupon payments. currently, investors seek a 4% APR yield to maturity to hold the bond. what is the current trading price of the bond?
1642.46
918.24
726.76
1333.55
724.12
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