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A company issues a ten-year bond at par with a coupon rate of 6.9% paid sem-annually. The YTM at the beginning of the third year

A company issues a ten-year bond at par with a coupon rate of 6.9% paid sem-annually. The YTM at the beginning of the third year of the bond (B years left to maturity) is 7.6%. What is the new price of the bond? A. $1,342 B. $959 C. $1,150 D. $1,000

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