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A bond has face value of $ 1 0 0 0 , coupon rate of 8 % ( coupons are paid semiannually ) , a

A bond has face value of $1000, coupon rate of 8%(coupons are paid semiannually), a promised yield to maturity of 9%, and it matures in 25
years. A coupon will be paid today. What is the current bond price? A. $869, B.$956.45 C.$10000 D.$1023.45 E.$1127.54

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