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What is the price of a bond with a coupon rate of 16.65% and semi-annual payments, if the yield-to-maturity is 11.50% and the bond matures

What is the price of a bond with a coupon rate of 16.65% and semi-annual payments, if the yield-to-maturity is 11.50% and the bond matures in 25 years? Assume a par value of $1,000. Multiple Choice $725.11 $2779.84 $133734 51420.47

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