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Posted on Oct 05, 2024

QUESTION 7 What must be the price of a $1,000 bond with a 6.5% coupon rate, annual coupons, and 15 years to maturity if YTM

image text in transcribed QUESTION 7

What must be the price of a $1,000 bond with a 6.5% coupon rate, annual coupons, and 15 years to maturity if YTM is 10.5% APR? a O A. $845.10 O B. $704.25 O C. $985.95 OD. $563.40

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