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Consider a bond with a coupon rate of 1 0 % with annual coupons. The face value is $ 1 0 0 0 , and

Consider a bond with a coupon rate of 10% with annual coupons. The face value is $1000, and the bond has 5 years to maturity. The yield to maturity is 11%. What is the value of the bond?A. $973.04.B. $963.84.C. $863.04.D. $963.04.

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