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You own a bond that pays an 8.25% coupon. The bond matures in 40 years and has a par value of $1.000. Assuming this is

You own a bond that pays an 8.25% coupon. The bond matures in 40 years and has a par value of $1.000. Assuming this is an annual bond with a YTM of 8.04%, what is the bonds current price? $1,096.68$983.94$932.69$901.94$1,024.93

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