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You are eyeing an investment in a corporate bond which has a YTM of 7.15%, and a stated rate of interest of 7.88% with a

You are eyeing an investment in a corporate bond which has a YTM of 7.15%, and a stated rate of interest of 7.88% with a maturity of 5 years. What is the price of this bond? a. $868.91 b. $1,029.81 c. $1,356.68 d. $1,030.24

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