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MNO Corporation has issued bonds that have an annual coupon rate of 6%, 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 6%, but payable semiannually. The bonds mature in 9 years, have face value of $1,000, and a yield to maturity of 12%. What is the closest price of the bonds? Select one: O a. $674.84 O b. $1,145.00 C. $400.00 O d. $680.84 e. $350.00 Next page

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