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A bond was issued with a 10-year maturity, a $1000 Face Value, 10% coupon rate paid semi-annually, and a 11% YTM. What is the price

A bond was issued with a 10-year maturity, a $1000 Face Value, 10% coupon rate paid semi-annually, and a 11% YTM. What is the price of the bond now? $962.31 $940.25 $926.40 $927.90 None of the above

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