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How much would an investor expect to pay for a $1,000 par value bond with a 9% annual coupon that matures in 5 years if

How much would an investor expect to pay for a $1,000 par value bond with a 9% annual coupon that matures in 5 years if the interest rate is 6%? A. $908.56 B. $1,275.82 C. $1,082.00 D. $1,126.37

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