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A Five-Year Bond with a $1000 Face Value Has a Yield

Question 90

Multiple Choice

A five-year bond with a $1000 face value has a yield to maturity is 5.5% and its coupon rate is 6.0% paid annually.The dirty price of this bond exactly 6 months after its second coupon payment is closest to:


A) $684.67
B) $983.93
C) $1005.87
D) $1043.49

Correct Answer:

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