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What is the price of a bond with a coupon rate of 6.25% and semi-annual payments, if the yield-to-maturity is 9.50% and the bond matures

What is the price of a bond with a coupon rate of 6.25% and semi-annual payments, if the yield-to-maturity is 9.50% and the bond matures in 15 years? Assume a par value of $1,000 Multiple Choice $742.92 $373.04 $995.96 $828,44 $1,237.31

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