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A bond has a yicld - to - maturity of 7 % , a time - 1 0 - maturity of 2 0 ycars, and

A bond has a yicld-to-maturity of 7%, a time-10-maturity of 20 ycars, and a coupon rate of 6.5 What is the bond's price if it pays interest annually?
A. $1055.09.
B. $947.03.
C. $94286
D. $902.48
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