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What is the price of a bond with a coupon rate of 13 80% and semi-annual payments, if the yield-to-maturity is 9 80% and the

What is the price of a bond with a coupon rate of 13 80% and semi-annual payments, if the yield-to-maturity is 9 80% and the bond matures in 15 years? Assume a par value of $1,000 Multiple Choice $1.310.98 $120900 5100476 $2.3830 1721.99

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