What is the bonds current value

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Reference no: EM131461370

Bond Prices A $1,000 par bond that pays interest semiannually has a quoted coupon rate of 4%, a promised yield to maturity of 4.6% and exactly 6 years to maturity. What is the bond's current value?

$1,005.04

$949.92

$933.36

$968.85

Reference no: EM131461370

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