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What is the price of a two year bond with a 9% annual coupon and a yield to maturity of 8%? A) 102.53 B) 105.25

What is the price of a two year bond with a 9% annual coupon and a yield to maturity of 8%?

A) 102.53

B) 105.25

C) 101.78

D) 97.51

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