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A bond with a par value of 1000$ maturity is 8 years, coupon rate is 9% yield to maturity 8%, what is the bond price? Select one: A
A bond with a par value of 1000$ maturity is 8 years, coupon rate is 9% yield to maturity 8%, what is the bond price?
Select one:
A. $1057.8
B. $1600.9
C. $1201.2
D. $999.9
Expert Solution
A bond with a par value of 1000$ maturity is 8 years, coupon rate is 9% yield to maturity 8%, what is the bond price?
Select one:
A. $1057.8
B. $1600.9
C. $1201.2
D. $999.9
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