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A corporation issued a 1 5 - year bond with a coupon rate of 7 % at a price of $ 8 3 7 .

A corporation issued a 15-year bond with a coupon rate of 7% at a price of $837.11. The corporation wants to issue a similar 15-year bond with a coupon rate of 7%, however coupon payments will be made annually. What price should they expect to receive from the sale of the annual-coupon bond?
$850
$825
$866
$792
$842
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