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A bond has a face value of $10,000. The bond has a coupon rate of 5.0% and pays interest semi-annually. The bond matures in 10

A bond has a face value of $10,000. The bond has a coupon rate of 5.0% and pays interest semi-annually. The bond matures in 10 years. The yield on the bond is 6.0%. What is the current price of the bond?

$10,600.00

$9,256.13

$9,263.99

$10,000.00

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