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The next bond has a Yield-To-Maturity of 8.5%. Determine the price of this bond. $1,000 $65 $65 $65 $65 $65 + 1 0 N. 3

The next bond has a Yield-To-Maturity of 8.5%. Determine the price of this bond.

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$1,000 $65 $65 $65 $65 $65 + 1 0 N. 3 4 5

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