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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 9.6%
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 9.6% APR? A. $668.47 B. $935.86 C. $534.78 OD. $802.17
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