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What maximum price would you pay for a standard 6% level-coupon bond (with monthly payments and a face value of $5,000) that has 15 years

What maximum price would you pay for a standard 6% level-coupon bond (with monthly payments and a face value of $5,000) that has 15 years to maturity if the prevailing discount rate (your cost of capital) is 12% APR? Select one: a. 4653.37 b. 2,916.96 c. 416.79 d. 13332.17

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