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The price of a ten-year semi-annual pay bond with a par value of $1,000 and a 7 percent annual coupon and yield to maturity of
The price of a ten-year semi-annual pay bond with a par value of $1,000 and a 7 percent annual coupon and yield to maturity of 8.25 percent is closest to:
900.23 | ||
1051.48 | ||
949.60 | ||
915.99 |
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