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estion 15 Consider a 12-year 6% annual payment bond whose required rate of return is 7%. What is the price of the bond? $1060.00 a.

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estion 15 Consider a 12-year 6% annual payment bond whose required rate of return is 7%. What is the price of the bond? $1060.00 a. $920.57 b. 3.84 C. $857.14 d

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