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What must be the price of a $1,000 bond with a 6.4% coupon rate, annual coupons, and 15 years to maturity if YTM is 7.8%

What must be the price of a $1,000 bond with a 6.4% coupon rate, annual coupons, and 15 years to maturity if YTM is 7.8% APR? O A. $702.95 OB. $1,054.43 OC. $1,230.17 OD. $878.69

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