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A bond pays annual coupon payments at a rate of 9.5%. The current yield to maturity is 13% and it matures at a par value

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A bond pays annual coupon payments at a rate of 9.5%. The current yield to maturity is 13% and it matures at a par value of $1000 in exactly 15 years. What is the current market price? [Choose Closest] O A. $1282.08 O B. $1017.66 OC. $773.82 OD. $613.93

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