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Question 17 (1 point) What is the price of a perpetual bond that pays a $45 per year into perpetuity, and has a 3.5% yield

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Question 17 (1 point) What is the price of a perpetual bond that pays a $45 per year into perpetuity, and has a 3.5% yield to maturity (YTM)? $1,285.71 $1,000.00 $1,411.12 $1,020.50

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