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What is the current price of a 7% coupon rate, $1,000 par, semi-annual coupon bond that has 15 years to maturity and a yield to

What is the current price of a 7% coupon rate, $1,000 par, semi-annual coupon bond that has 15 years to maturity and a yield to maturity of 3.5%?

$1,405.75

$1,390.33

$1,620.29

$1,540.40

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