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You have a bond outstanding with 15 years to maturity, an 8.00% nominal coupon, semiannual payments, and a $1,000 par value. The bond has a

You have a bond outstanding with 15 years to maturity, an 8.00% nominal coupon, semiannual payments, and a $1,000 par value. The bond has a 5.50% yield to maturity. What is the bonds price?

Question 2 options:

	$1,253.12
	$1,250.94
	$1,157.51

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