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What must be the price of a $1,000 bond with a 5.7% coupon rate, annual coupons, and 30 years to maturity if YTM is 8.4%

What must be the price of a $1,000 bond with a 5.7% coupon rate, annual coupons, and 30 years to maturity if YTM is 8.4% APR? O A. $707.16 O B. $848.59 O C. $565.73 D. $990.03

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