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Roy Orbison wants to invest in a 7-year Treasury bond with a 3 3/4% coupon interest rate. He'd like to earn a yield to maturity
Roy Orbison wants to invest in a 7-year Treasury bond with a 3 3/4% coupon interest rate. He'd like to earn a yield to maturity of 4.15%. The most he should pay per $100 in face value to earn this yield is:
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