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How much should you be prepared to pay for a 8-year bond with a 5.00% coupon, semiannual payments, and a semiannually compounded yield of 6.50%?
How much should you be prepared to pay for a 8-year bond with a 5.00% coupon, semiannual payments, and a semiannually compounded yield of 6.50%? A $968.52 B $1,096.95 C $908.67 D $907.57
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