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What is the price of a bond with a face value of $100 000, paying 5% p.a. coupon with 12 years to maturity and the

What is the price of a bond with a face value of $100 000, paying 5% p.a. coupon with 12 years to maturity and the market yield is6.5% p.a.?

A $87 633.74

B $90 493.22

C $92 565.34

D $95 623.89

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