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What must be the price of a $2,000 bond with a 6.2% coupon rate, annual coupons, and 30 years to maturity if YTM is 8.5%

What must be the price of a $2,000 bond with a 6.2% coupon rate, annual coupons, and 30 years to maturity if YTM is 8.5% APR?

A.$ 1,505.65

B. $1,204.52

C. $2,107.90

D. $1,806.77

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