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q25 How much does the $1,000 to be received upon a bond's maturity in 30 years add to the bond's price if the appropriate discount

q25

How much does the $1,000 to be received upon a bond's maturity in 30 years add to the bond's price if the appropriate discount rate is 6%, compounded semi-annually?

A.

$169.73

B.

$174.11

C.

$830.27

D.

$1,000

E.

Cannot be determined because coupon rate is not given.

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