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Haswell Enterprises' bonds have a 10-year maturity, a 6.25% semiannual coupon, and a par value of $1,000. The going interest rate (r d ) is

Haswell Enterprises' bonds have a 10-year maturity, a 6.25% semiannual coupon, and a par value of $1,000. The going interest rate (r_d) is 10.25%, based on semiannual compounding. What is the bond's price?

Select the correct answer.

a. $759.90

b. $756.64

c. $763.16

d. $750.12

e. $753.38

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