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Texas Instruments issues an annual coupon bond. The bond has face value of $1,000, a coupon rate of 9%, a YTM of 5%, and 8

Texas Instruments issues an annual coupon bond. The bond has face value of $1,000, a coupon rate of 9%, a YTM of 5%, and 8 years to maturity. What is the price of Texas Instruments' bond? $1.299 52.059 $1.720 51.040

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