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What is the fair price of 8.2% semi-annual coupon bond with 25 years left until maturity that yields 3.50%? $503.70 $1,774.63 $1,778.82 $1,261.80 None of

What is the fair price of 8.2% semi-annual coupon bond with 25 years left until maturity that yields 3.50%?

$503.70

$1,774.63

$1,778.82

$1,261.80

None of these

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