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What should Michael, pay for a 9.7% bond paying coupons annually, that has a face value of $7500, a term of 3 years, and a

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What should Michael, pay for a 9.7% bond paying coupons annually, that has a face value of $7500, a term of 3 years, and a yield-to-maturity of 3.2% ? Select one: a. 8873.66 O b. 1024.96 C. 8883.97 O d. 2065.31

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