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A coupon bond which pays interest semi-annually has a par value of $1.000 matures in 12 years, and has a yield to maturity of 3.2%.

A coupon bond which pays interest semi-annually has a par value of $1.000 matures in 12 years, and has a yield to maturity of 3.2%. If the coupon rate is 4.5%, the price of the bond today will be O $1,000.00 $1,127.87 $1,062.52 $1.128.70

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