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ABC Exploration Company is planning to issue 10 year bonds with a coupon rate of 6% and semi-annual coupon payments? The yield to maturity is

ABC Exploration Company is planning to issue 10 year bonds with a coupon rate of 6% and semi-annual coupon payments? The yield to maturity is 7%. What will be the bond price? Select one: a. $928.94 b. $1,199.63 c. $929.76 d. $1,199.64

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