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What must be the price of a $ 1,000 bond with a 6.2% coupon rate, annual coupons, and 30 years to maturity if YTM is
What must be the price of a $ 1,000 bond with a 6.2% coupon rate, annual coupons, and 30 years to maturity if YTM is 9.5 % APR?
A. $ 540.36
B. $ 810.55
C. $ 675.45
D. $ 945.64
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