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What must be the price of a $1000 bond with a 5.7% coupon rate, annual coupons, and 25 years to maturity if ytm is 8.3%
What must be the price of a $1000 bond with a 5.7% coupon rate, annual coupons, and 25 years to maturity if ytm is 8.3% apr?
a) 729.42
b) 1.021.19
c) 875.31
d) 583.54
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