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Calculate the price of a 4.62% coupon bond that matures in 20 years if the market interest rate is 5.51% (Assume semiannual compounding and $1,000
"Calculate the price of a 4.62% coupon bond that matures in 20 years if the market interest rate is 5.51% (Assume semiannual compounding and $1,000 par value)."
| "$1,161.01 " | ||
| "$1,115.37 " | ||
| "$1,067.00 " | ||
| $894.65 | ||
| $892.94 | ||
| "$1,448.69 " | ||
| $857.38 |
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