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This is a question about portfolio Question #10 Mutveckace A $1,000 par bond carries a coupon rate of 10%, pays coupons semiannually and has 13

This is a question about portfolio
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Question #10 Mutveckace A $1,000 par bond carries a coupon rate of 10%, pays coupons semiannually and has 13 years remaining to maturity. Market rates are currently 9.25%. The price of the bond is closest to: a. $586.60 b. $1,036.03 c. $1,055.41 d. $1,056.05

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