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How much should an investor be willing to pay for a bond that pays $25 of interest every 6 months for the next 3 years

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How much should an investor be willing to pay for a bond that pays $25 of interest every 6 months for the next 3 years and the $1,000 face amount at the end of 3 years if the investor requires a yield to maturity of 8 percent? Select one: a. (A) $858.23 b. (B) $92137 c. (C) $1,000.00 d. (D) $1,056,97 x

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