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Dow Chemical issued a bond with a 9.00% coupon rate and paid interest semiannually. The bond has a face value of $1,000, a yield to

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Dow Chemical issued a bond with a 9.00% coupon rate and paid interest semiannually. The bond has a face value of $1,000, a yield to maturity of 10.50% and will mature in 15 years. Calculate the current price of the bond. $889.09 $457.15 $1,560.40 $556.37 $887.92

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