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Consider a 29-year bond that pays 4.7% semi-annual coupons. What should the bond sell for if the par value is $100 and the current yield

Consider a 29-year bond that pays 4.7% semi-annual coupons. What should the bond sell for if the par value is $100 and the current yield to maturity is 3.2%?

a. 77.91

b. 76.38

c. 128.21

d. 128.07

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