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Helga purchased Bond D one year ago for a price of $1,085. Assume that Bond D has a 10% annual coupon rate, makes semi-annual coupon

Helga purchased Bond D one year ago for a price of $1,085. Assume that Bond D has a 10% annual coupon rate, makes semi-annual coupon payments and has eight years to maturity. If the current market interest rate is 11.2% APR, what do you know about the current price of Bond D? Price =$1,085 Price $1,085 Price >$1,000

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