Question: 3. Google has a bond outstanding with a face value of $1000 that reaches maturity in 10 years. The bond certificate indicates that the

3. Google has a bond outstanding with a face value of $1000

3. Google has a bond outstanding with a face value of $1000 that reaches maturity in 10 years. The bond certificate indicates that the stated coupon rate for this bond is 8.2% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Google bond is 7.3%, then the price that this bond trades for will be closest to A) $1063 B) $850 C) $1276 D) $1488

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