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What is the price of a bond with a coupon rate of 17.25% and semi-annual payments. If the yield-to-maturity is 11.90% and the bond matures

What is the price of a bond with a coupon rate of 17.25% and semi-annual payments. If the yield-to-maturity is 11.90% and the bond matures in 25 years? Assume a par value of $1,000 Multiple Choice $1,424.59 $725.79 $1,343,59 32793.60 $100149

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