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if semiannual coupon bond how to calculate 8. The current price of a $1,000, seven-year, 5.5% semiannual coupon bond is $1,029.23. The bond's price value

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8. The current price of a $1,000, seven-year, 5.5% semiannual coupon bond is $1,029.23. The bond's price value of a basis point is closest to: A. $0.05. B. $0.60. C. $5.74

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