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New York Central Hospital has an outstanding bond that pays interest (coupon) of 5% with 15 years remaining until maturity. The bond pays interest

New York Central Hospital has an outstanding bond that pays interest (coupon) of 5% with 15 years remaining until maturity. The bond pays interest semi-annually. If the current yield of the bond is $7%, what is the price of the bond? $816.08 $1,209.30 $817.84 $1,207.59

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