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Calculate your answer to at least 2 decimal places. Avalon Industries is issuing a bond with a 5.25% coupon rate that matures in 15 years.

Calculate your answer to at least 2 decimal places. Avalon Industries is issuing a bond with a 5.25% coupon rate that matures in 15 years. At a yield to maturity of 6.15%, the price per $100 is closest to: $91.26. A. OB. $91.34 c. $109.26

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