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What must be the price of a $5,000 bond with a 6.6% couponrate, semiannualcoupons, and two years to maturity if it has a yield to

What must be the price of a $5,000 bond with a 6.6% couponrate, semiannualcoupons, and two years to maturity if it has a yield to maturity of 12% APR?

A.

$5,439

B.

$6,345

C.

$4,532

D.

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