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Question 5 A 2-year bond has a 3 percent annual coupon, a yield to maturity of 9 percent, and a face value of $1,000.

Question 5 A 2-year bond has a 3 percent annual coupon, a yield to maturity of 9 percent, and a face value of $1,000. What is the price of the bond? $894.45 $1,294.45 $1,094.45 5 $1,194.45 $794.45

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