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The Masterco. bond has a 8% coupon rate, a maturity value of $1,000, and matures in 7 years. If the bond is priced to yield

The Masterco. bond has a 8% coupon rate, a maturity value of $1,000, and matures in 7 years. If the bond is priced to yield 6%, what is the bond's current price? Select one: a. 51,111,65 b. $965.35 c. $1,057.46 d. $446.59

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