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MNO Corporation has issued bonds that have an annual coupon rate of 6x, but payable semiannually. The bonds mature in 9 years, have face value

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MNO Corporation has issued bonds that have an annual coupon rate of 6x, but payable semiannually. The bonds mature in 9 years, have face value of 51,000 , and a yeid to maturity of 12%. What is the dorest proce of the bonds? Selectone a. 5675 b. $1.145 c. 5400 d. 5651 I. $350

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