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A coupon bond has a quoted price of $985, a face value of $1,000, coupon rate of 8.5% paid semiannually, and a maturity of 8
A coupon bond has a quoted price of $985, a face value of $1,000, coupon rate of 8.5% paid semiannually, and a maturity of 8 years. If the coupon payment is due in 2 months, how much will a buyer pay for this coupon bond? Select one O a $1,041.67 O b. $1.013 33 O c. $1.028.33 O d. $956 67 o e $999.17
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