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What must be the price of a $ 1 0 , 0 0 0 bond with a 6 . 8 % coupon rate, semiannual coupons,

What must be the price of a $

10, 000

bond with a

6.8 %

coupon rate, semiannual coupons, and two years to maturity if it has a yield to maturity of

10 %

APR?

.

7, 546

.

9, 433

.

13, 206

.

11, 319

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