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What must be the price of a $1,000 bond with a 6% coupon rate, annual coupons, and 30 years to maturity if YTM is 8.9%

What must be the price of a $1,000 bond with a 6% coupon rate, annual coupons, and 30 years to maturity if YTM is 8.9% APR? A. $559.52 B. $839.28 C. $699.40 D. $979.16

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