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What is the value of a 15-year bond that pays a 2% coupon on a semi-annual basis when the market rate of interest is 6%?

What is the value of a 15-year bond that pays a 2% coupon on a semi-annual basis when the market rate of interest is 6%? (rounded to the nearest dollar) Group of answer choices d) $589 e) $608 c) $798 a) $369 b) $487

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