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A bond makes annual payments, and has a 10% coupon rate and a 14% yield-to-maturity. The bond has 5 years to maturity. What is the
A bond makes annual payments, and has a 10% coupon rate and a 14% yield-to-maturity. The bond has 5 years to maturity. What is the bond's price (par is $1000)? $1254.87 $1100 $1000 $862.67
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