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Bayberry $1000 par bonds have a 4.6% coupon and come due in 7 years. Interest is paid annually. If your required return was 6.8%, way

Bayberry $1000 par bonds have a 4.6% coupon and come due in 7 years. Interest is paid annually. If your required return was 6.8%, way is the most you would be willing to pay for this bond?

A. $1132

B. $881

C $982

D $763

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