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suppose german company issues a bond with a par value of 1,000, 9 years to maturity and a coupon rate of 7% paid annually. if
suppose german company issues a bond with a par value of 1,000, 9 years to maturity and a coupon rate of 7% paid annually. if the yield to maturity is 11%, what is the current price of the bond ?
a). 1030.00
b). 817.51
c). 1264.61
d). 770.52
e).1000
*noye:please dont use excel
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