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What is the price of a semi-annual coupon bond

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Reference no: EM132941338

Question - What is the price (per $100 of face) of a semi-annual coupon bond with a $1,000 face, 6% coupon, 7% yield to maturity, and 15 years to maturity.

A - $90.89

B - $109.71

C - $90.80

D - $109.80

Reference no: EM132941338

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