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What is the present value of a 12 year bond that pays quarterly coupon, has a coupon rate of 6 percent, a yield to maturity

What is the present value of a 12 year bond that pays quarterly coupon, has a coupon rate of 6 percent, a yield to maturity of 4 percent, a par value of $1,000?

Group of answer choices

$829.79

$840.02

$1000.00

$1,189.87

$1,287.89

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