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Pepco Holdings Inc issues a 11 percent coupon bond with 18 years maturity and $1,000 face (par) value. If the yield to maturity of this

Pepco Holdings Inc issues a 11 percent coupon bond with 18 years maturity and $1,000 face (par) value. If the yield to maturity of this bond is 5 percent, find the bond's price. $1,701.38 $998.14 $1,361.10 none of the answers is correct $1.497.21

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