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Suppose a bond matures in 5 years with a coupon of 6% paid semi-annually and a yield to maturity of 8%, what is the current
Suppose a bond matures in 5 years with a coupon of 6% paid semi-annually and a yield to maturity of 8%, what is the current market price?
A. $878.34
B. $918.89
C. $1,040.55
D. $1,081.11
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