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A bond was issued with a 15-year maturity, a $1000 Face Value, 5% coupon rate paid semi-annually, and a 6% YTM. What is the price
A bond was issued with a 15-year maturity, a $1000 Face Value, 5% coupon rate paid semi-annually, and a 6% YTM. What is the price of the bond now? Select one: O a. $916.32 O b. $962.31 O c. $940.25 O d. $902.00
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