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On September 1, 2020 an investor purchases a $10,000 face value debenture that matures in 12 years. The coupon rate is 6% and the investor

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On September 1, 2020 an investor purchases a $10,000 face value debenture that matures in 12 years. The coupon rate is 6% and the investor buys the debenture 70 days after the last coupon payment (110 days before the next). The yield is 7%. The price of the debenture Select one: a $10097.08 O b. $9320.95 O c. 10400.64 Od $10915.95

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