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QUESTION 6 Suppose that zzz inc. issued a bond with 10 years until maturity, a face value of $1000, and a coupon rate of 7

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QUESTION 6 Suppose that zzz inc. issued a bond with 10 years until maturity, a face value of $1000, and a coupon rate of 7 (annual payments). The yield to maturity on this bond when it was issued was 6%. Assuming the yield to maturity remains constant, what is the price of the band mediately before it makes its first coupon payment? None of the other answers Before the first coupon payment, the price of the bond is $1073.6 Before the first coupon payment, the price of the bond is $1068.02 Before the first coupon payment, the price of the bond is $1138.02

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