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Alphabet, Inc bonds mature in 10 years, have a par value of $1,000, and make an annual coupon payment of $100. The market interest rate

Alphabet, Inc bonds mature in 10 years, have a par value of $1,000, and make an annual coupon payment of $100. The market interest rate for the bonds is 8.5%. What is the bond's price?

Group of answer choices

$923

$946

$970

$1,019

$1,098

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