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Use the following information to calculate the present value of a bond: Par: $1,000 Annual coupon rate: 2.4% Payment frequency: semi-annual Maturity: 8 years Yield

Use the following information to calculate the present value of a bond: Par: $1,000 Annual coupon rate: 2.4% Payment frequency: semi-annual Maturity: 8 years Yield to mat: 2.5%

$1,007.24

$906.27

$992.79

$1,000.00

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