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Exit Sub A bond has a face value of $1000, a coupon of 4% paid annually, a maturity of 26 years, and a yield to

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Exit Sub A bond has a face value of $1000, a coupon of 4% paid annually, a maturity of 26 years, and a yield to maturity of 12%. ( What is the bond price today and (2) what rate of return will be eamed by an investor who purchases the bond today and holds it for 1 year if the bond's yield to maturity at the end of the year is 6%? Multiple Choice $368.35; 112.93% $744.33; 102.07% $744.33 ; 112.93 % $368.35; 102.07%

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