What would you pay for a bond that is trading today with a yield-to-maturity (ytm)...
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What would you pay for a bond that is trading today with a yield-to-maturity (ytm) of 7.5, an annual coupon rate of 6%, pays its coupons semi-annually, and matures in 10 years? Its face (par) value is $1000.
A.$1,034.35
B.$897.04
C.$1,110.40
D.$1,111.58
E.$895.78
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