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Suppose the YTM is 5% for a 20-year bond with a face value of $1,000, 7% coupon rate, and annual coupon payments. Its bond price

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Suppose the YTM is 5% for a 20-year bond with a face value of $1,000, 7% coupon rate, and annual coupon payments. Its bond price is closest to 5872 OB, 51,000 Oc 51249 D. $1,297

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