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Question 7 Not yet answered Marked out of 10 p Flag question The MasterCo. bond has a 10% coupon rate, a maturity value of $1,000,
Question 7 Not yet answered Marked out of 10 p Flag question The MasterCo. bond has a 10% coupon rate, a maturity value of $1,000, and matures in 5 years. If the bond is priced to yield 9%, what is the bond's current price? Select one: a. $945.53 b. $388.97 O c. $1,038.90 d. $1,121.57
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