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A bond that matures in 12 years has a 9% semiannual coupon and a face value of $1,000. The bond has a nominal yield to

A bond that matures in 12 years has a 9% semiannual coupon and a face value of $1,000. The bond has a nominal yield to maturity of 8%. What is the price of the bond today?

A. $1,076.23

B. $1,075.36

C. $928.39

D. $927.52

E. $1,073.99

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