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A bond with a $1,000 face value, an 8.6% coupon rate with semiannual payments, and a maturity of six years is currently yielding 9.4% in

A bond with a $1,000 face value, an 8.6% coupon rate with semiannual payments, and a maturity of six years is currently yielding 9.4% in the market. What is the current price of the bond? $973.83 $963.94 51,037,42 $1,052.37

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