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A bond with 15 years to maturity is paying 6% coupons semi-annually, and the last coupon...

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Finance

A bond with 15 years to maturity is paying 6% couponssemi-annually, and the last coupon has just been paid. The facevalue is $1,000 and the yield to maturity is 8% p.a. What is theprice today closest to: A) $827.08 B) $932.95 C) $1,000.00 D)$1,324.32 E) None of the above

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