Question: 30. Consider a coupon bond with a $1,000 face value and 5 years left until maturity. The coupon interest rate is 5%. If the yield

30. Consider a coupon bond with a $1,000 face value and

30. Consider a coupon bond with a $1,000 face value and 5 years left until maturity. The coupon interest rate is 5%. If the yield to maturity of this bond is 10.4%, then the price of this bond is closest to: A) $650 B) $750 C) $600 D) $700

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