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What is the price of a bond with a coupon rate of 16.95% and semi-annual...

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What is the price of a bond with a coupon rate of 16.95% and semi-annual payments, if the yield-to-maturity is 11.70% and the bond matures in 25 years? Assume a par value of $1,000 Multiple Choice $1,001.53 $725.45 $134040 $1,422.57 52.76 37

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