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What is the market value of a bond that will pay a total of forty semiannual coupons of $50 each (two per year) over the

What is the market value of a bond that will pay a total of forty semiannual coupons of $50 each (two per year) over the remainder of its life? Assume the bond has a $1,000 face value and a 5% YTM.

634.86

$ 642.26

$1,462.30

$1,627.57

$1,215.62

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