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The buyer of a Poplar Popcorn Supply Company bond will receive $1,000 when the band matures in 19 years, but will receive no cash flows

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The buyer of a Poplar Popcorn Supply Company bond will receive $1,000 when the band matures in 19 years, but will receive no cash flows prior to then. If the required yield to maturity (based on investors perception of risk) is 6.2961% annually, what price should someone expect to pay for this "rero-coupon" bond A. $307.95 B. $119.63 C. 591.71 D. 5835.94 E. 5313.45

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