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Upper Darby Metals has a 8.50% coupon bond outstanding that was issued 5 years ago with an original maturity of 20 years. The bond

Upper Darby Metals has a 8.50% coupon bond outstanding that was issued 5 years ago with an original maturity of 20 years. The

Upper Darby Metals has a 8.50% coupon bond outstanding that was issued 5 years ago with an original maturity of 20 years. The bond pays interest semi-annually. What is the market price of the bond if the par value is $1000 and the yield to maturity is 7.25%? O A. $1.130.92 B. $1,248.45 C. $878.02 O D. $1,093.29 O E. $1,113.17

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