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A bond that compounds semiannually has a Face Value of $1,000 and maturity of 18 years. Assume that its coupon rate is 6.4% and yield
A bond that compounds semiannually has a Face Value of $1,000 and maturity of 18 years. Assume that its coupon rate is 6.4% and yield to maturity (YTM) is 6.72%. What is this bond's market price? $526.58$968.50$978.65$966.87
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