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How much should you be prepared to pay for a $1,000 10-year bond with an annual coupon of 6% and a yield to maturity of

How much should you be prepared to pay for a $1,000 10-year bond with an annual coupon of 6% and a yield to maturity of 7.5%?

		$897.04
		$985.00
		$1,000.00
		$411.84

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