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A bond that pays interest semiannually has a coupon rate of 5.32 percent and a current yield of 4.83 percent. The par value is $1,000.

A bond that pays interest semiannually has a coupon rate of 5.32 percent and a current yield of 4.83 percent. The par value is $1,000. What is the bond's price? Multiple Choice

$907.89 $1.198.24 $1.050.72 $1.101.45 $1.083.09

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