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What must be the price of a $ 1,000 bond with a 5.6% coupon rate, annual coupons, and 15 years to maturity if YTM is

What must be the price of a $ 1,000 bond with a 5.6% coupon rate, annual coupons, and 15 years to maturity if YTM is 8.1 % APR?

A. $ 787.31

B. $ 1,102.24

C. $ 944.78

D. $ 629.85

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