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Roger's bond matures in 8 years, has a par value of $1,000, and makes an annual coupon payment of $70. The discount rate for the

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Roger's bond matures in 8 years, has a par value of $1,000, and makes an annual coupon payment of $70. The discount rate for the bond is 6.5%. What is the fundamental price of this bond? Keep four decimal places; that is, write 6.54% as 0.0654 Select one: a. B=$825.41 b. B=$1030.4 c. B=$1192.41 d. B=$5256.41 e. B=$645.41

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