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What is the current price of a $1,000, 8% coupon bond that pays interest semi-annually if the bond matures in eight years and has a

What is the current price of a $1,000, 8% coupon bond that pays interest semi-annually if the bond matures in eight years and has a yield-to-maturity of 7%?

$567.43

$1,030.58

$1,060.47

$1,059.71

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