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What should be the price of the bond that has 11.1 years to maturity and...

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Accounting

What should be the price of the bond that has 11.1 years to maturity and has 9.4% of coupon rate? The yield provided by similar bonds in the market is 10%. Don't ignore the sign of the final answer for this one.

a. $986.14

b. $805.68

c. $830.41

d. $790.77

e. $960.31

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