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you have just purchased a 15 year $1000 par value bond. The coupon rate on this bond is 7.5% and interest is paid semiannually. If

you have just purchased a 15 year $1000 par value bond. The coupon rate on this bond is 7.5% and interest is paid semiannually. If you require an "effective" annual interest rate of 6.09%, then how much should you have paid for this bond?

a- $995.00

b- $1,056.50

c- $1,210.25

d- $1,100.00

e- $1,147.00

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