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A bond matures in 1 5 years with a $ 1 , 0 0 0 face value. The bond has a coupon rate of 1

A bond matures in 15 years with a $1,000 face value. The bond has a coupon rate of 12%, but payments are made semi-annually. Based on a yield of 9% in the marketplace, what is the bond's current price?
Group of answer choices
1,000.00
1,244.33
978.65
1,345.09

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