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An Ordinary bond issued by Citibank matures in exactly 8 years and pays an annual coupon of 6%. What is the quoted price for this

An Ordinary bond issued by Citibank matures in exactly 8 years and pays an annual coupon of 6%. What is the quoted price for this Citibank bond if the YTM = 4.85%?

A. $1,088.35

B. $692.21

C. $1,017.57

D. $1,074.78

E. $942.79

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