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Assume that you wish to purchase a 20-year semiannual coupon bond that has a face...

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Assume that you wish to purchase a 20-year semiannual coupon bond that has a face value of $1,000 and annual coupon rate of 8 percent. If yield to maturity is 10 percent, what is the price of the bond (rounding to the nearest dollar)? $674 $761 $902 $828 $619

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