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Bond A and bond B both pay annual coupons, mature in 8 years, have a face value of $1000, pay their next coupon in 12

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Bond A and bond B both pay annual coupons, mature in 8 years, have a face value of $1000, pay their next coupon in 12 months, and have the same yield-to-maturity. Bond A has a coupon rate of 6.5 percent and is priced at $1,050 27 Bond B has a coupon rate of 7.4 percent What is the price of bond B? O a $1.106.83 (plus or minus 54) b.$995.63 (plus or minus $4) OC. $1,050.27 (plus or minus $4) d. 51,000.00 (plus or minus 54) e. None of the above is within 54 of the correct

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