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The price (per $100 face value) of a 5% semi-annual pay bond with exactly 2-1/2 years to maturity and a yield to maturity of 5.75%

The price (per $100 face value) of a 5% semi-annual pay bond with exactly 2-1/2 years to maturity and a yield to maturity of 5.75% is (a) 96.8191 (b) 86.2162 (c) 98.2765 (d) None of the above

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