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You are eyeing an investment in a corporate bond which has a YTM of 6.00%, and a stated rate of interest of 15.00% with a

You are eyeing an investment in a corporate bond which has a YTM of 6.00%, and a stated rate of interest of 15.00% with a maturity of 30 years. What is the price of this bond?

a. $2,245.40

b. $4,321.07

c. $2,821.64

d. $1,206.47

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