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You intend to invest in a 4-year 10% coupon bond with a par value of $1000. The bond makes quarterly coupon payments. The yield to
You intend to invest in a 4-year 10% coupon bond with a par value of $1000. The bond makes quarterly coupon payments. The yield to maturity of the bond is 12% p.a. What should be the market price of the bond?
A.37.19
B.623.17
C.314.03
D.939.25
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