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Question 1: XYZ company has a bond with 4.50% coupon rate and pays interest annually. The bond has a face value of $1,000, a yield

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Question 1: XYZ company has a bond with 4.50% coupon rate and pays interest annually. The bond has a face value of $1,000, a yield to maturity of 7.50% and will mature in 12 years. What is the bond price? A. $1,273.56 B. $1071.42 C. $765.33 D. $767.94

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