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You are eyeing an investment in a corporate bond which has a YTM of 9.97%, and a stated rate of interest of 14.08% with a

You are eyeing an investment in a corporate bond which has a YTM of 9.97%, and a stated rate of interest of 14.08% with a maturity of 5 years. What is the price of this bond?

a. $1,702.80

b. $1,158.80

c. $888.84

d. $1,155.92

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Face value F 1000 Coupon rate 1408 Coupon amount C 1000 x 01408 14080 Yield ... blur-text-image

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