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Lucky Lou Inc., has a 6.8 percent coupon bond that matures in 7 years. The bond pays interest semi- annually. If the yield to maturity

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Lucky Lou Inc., has a 6.8 percent coupon bond that matures in 7 years. The bond pays interest semi- annually. If the yield to maturity is 7.5 percent, what is the market price of a $1,000 face value bond? $651.94 $962.41 O $962.92 O $1,038.48 O $1,046.55

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