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A bond has a par value of 1 0 , 0 0 0 . It matures in 1 5 years. The bond has a coupon

A bond has a par value of 10,000. It matures in 15 years. The bond has a coupon rate of 7%, paid annually. Based on a market rate (yield) of 6%, what is the bond's price?
Group of answer choices
9,892.12
9,789.34
10,000.00
10,971.22

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