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What is the current price of a $1,500 par value bond with an annual coupon rate of 4% that pays coupons semi-annually if the bond

What is the current price of a $1,500 par value bond with an annual coupon rate of 4% that pays coupons semi-annually if the bond matures in two years and has a yield-to-maturity of 5%? 1 A. $1340.43

B. $981.41

C. $1471.79

D. $1472.11

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