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A bond pays a quarterly coupon. The coupon rate is 4%. The EAR is 5%. The bond matures in 30 years. The face value is

A bond pays a quarterly coupon. The coupon rate is 4%. The EAR is 5%. The bond matures in 30 years. The face value is $1,000. What is the bond price? Empty Excel Sheet For Calculations Question 18 options: $85.77 $8,576.99 $8.57 $857.69

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