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pays out A 5-year bond with face value of $1000 and coupon rate of 7% coupons semi-annually. Market yield on similar securities is 7% per

pays out A 5-year bond with face value of $1000 and coupon rate of 7% coupons semi-annually. Market yield on similar securities is 7% per half-year. What should the bond sell for? Select one: A. $1000.00 B. $245.8254 OC. $736.3824 D. $754.1746

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