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Rapid River, Inc., has a \7.5 coupon bond that matures in 9 years. The bond...

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Rapid River, Inc., has a \7.5 coupon bond that matures in 9 years. The bond pays interest semi-annually. What is the market price of a \\( \\$ 1,000 \\) face value bond if the yield to maturity is \6.8 ? a. \\( \\$ 1,046.55 \\) b. \\( \\$ 1,051.33 \\) c. \\( \\$ 1,050,10 \\) d. \\( \\$ 1,049.07 \\) Clear my choice

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