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Assume that a 10-year bond pays interest of $45 every six months and will mature for $1,000. Also assume that the yield to maturity on

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Assume that a 10-year bond pays interest of $45 every six months and will mature for $1,000. Also assume that the yield to maturity on this bond is currently 8.2 percent. Given this information, determine the current price of this bond. $1,053.88 $1,040.06 $1,046.94 $1,033.24 $1,060.89

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