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The price of a ten-year semi-annual pay bond with a par value of $1,000 and a 7.5% annual coupon and yield to maturity of 8.25%

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The price of a ten-year semi-annual pay bond with a par value of $1,000 and a 7.5% annual coupon and yield to maturity of 8.25% is closest to: O $1,051.48 O $950.24 O $949.60 O $1,052.11

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