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What is the value (to the nearest cent) of a 4 year 4.4% coupon bond with a face value of $1,000. The yield-to- maturity on
What is the value (to the nearest cent) of a 4 year 4.4% coupon bond with a face value of $1,000. The yield-to- maturity on the bond is 7.2% and the bond makes semi-annual coupon payments. Select one: a. $904.17 b. $1890.47 O c. $905.58 O d. $757.22
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