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A corporation issues a two-year bond with a coupon of $50 and a face value of $1,000. Immediately after being issued, market interest rates decline

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A corporation issues a two-year bond with a coupon of $50 and a face value of $1,000. Immediately after being issued, market interest rates decline to 4%. What is the price of the bond? Select one: O A. $1,009.62 O B. $1,025.00 C. $1,018.86 O D. $1,000.00

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