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What must be the price of a $10,000 bond with a 6% coupon rate, semiannual coupons, and nine years to maturity if it has a

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What must be the price of a $10,000 bond with a 6% coupon rate, semiannual coupons, and nine years to maturity if it has a yield to maturity of 8% APR? A. $6,987 B. $10,481 C. $12,228 D. $8,734

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