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A bond that pays interest semiannually has a coupon rate of 5.59 percent and a current yield of 5.01 percent. The par value is $1000.

A bond that pays interest semiannually has a coupon rate of 5.59 percent and a current yield of 5.01 percent. The par value is $1000. What is the bond's price? Murple Choice 0 $1208.75 $896.24 $1.09717 $105788 $1,115.77

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