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You are eyeing an investment in a corporate bond which has a YTM of 9.30%, and a stated rate of interest of 8.73% with a

You are eyeing an investment in a corporate bond which has a YTM of 9.30%, and a stated rate of interest of 8.73% with a maturity of 20 years. What is the price of this bond?

a. $949.06

b. $948.66

c. $558.97

d. $1,734.98

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