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Find the present value of a 30-year bond that pays an annual coupon, has a coupon rate of 6 percent, a yield to maturity of

Find the present value of a 30-year bond that pays an annual coupon, has a coupon rate of 6 percent, a yield to maturity of 5 percent, and a par value of 1,000.

1,018.81

1,027.23

1,153.72

none of the options

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