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SpaceY inc. will start selling 20-year bonds today. the bonds have semiannual coupon payments, an annual coupon rate of 7%, and par value of $1000.

SpaceY inc. will start selling 20-year bonds today. the bonds have semiannual coupon payments, an annual coupon rate of 7%, and par value of $1000. the yield to maturity (YTM) for this bond is expected to be 6%

A) 1,217.48

B) 1,229.40

C)1,000

D) 1,115.57

E) 770.60

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