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Nooklor Inc. issued bonds bearing an annual coupon rate of 10 percent, payable semiannually. The bonds have 25 years remaining to maturity and have a
Nooklor Inc. issued bonds bearing an annual coupon rate of 10 percent, payable semiannually. The bonds have 25 years remaining to maturity and have a yield to maturity of 12 percent. What is the bond price? (Round to the nearest dollar). Group of answer choices
A) $451
B) $842
C) $872
D) $1,630
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