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Value a 20-yr semi-annual, non-callable bond that pays coupons of 6% assuming market interest rates are 6%. A. $989 B. $1,000 C. $355 D. $1,455

Value a 20-yr semi-annual, non-callable bond that pays coupons of 6% assuming market interest rates are 6%.

A. $989

B. $1,000

C. $355

D. $1,455

E. $802

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