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XYZ corporation issues today a $1,000 face value bond that has a 7.30% coupon rate, pays semi-annual coupons and has 8 years to maturity. Similar

XYZ corporation issues today a $1,000 face value bond that has a 7.30% coupon rate, pays semi-annual coupons and has 8 years to maturity. Similar bonds are trading today at a yield to maturity of 10.20%. What should be the price of the XYZ bond today? O a $1,584.00 b. 5843.96 O $1,012.76 d. $714.68 e $1,171.17

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