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You are evaluating a AAA-rated bond with a $1,000 face value, 8 years to maturity and a 2% coupon rate. The bond pays Interest serni-annually.

You are evaluating a AAA-rated bond with a $1,000 face value, 8 years to maturity and a 2% coupon rate. The bond pays Interest serni-annually. The YTM on similar bonds is 5.7%. What should the bond sell for? O $764.93 $892.00 O $1,019.06 O $1,146.12

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