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The bond has an annual coupon rate of 5%, a face value of $1,000, a maturity of 12 years, and a yield to maturity of

The bond has an annual coupon rate of 5%, a face value of $1,000, a maturity of 12 years, and a yield to maturity of 6%. What is the market price of the bond? A. 916.2 B. 1,000.0 C. 1,088.6

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