Question: A 10-year maturity bond with a $1,000 face value makes annual coupon payments and has a coupon rate of 7.5 percent. What is the bond's

A 10-year maturity bond with a $1,000 face value makes annual

A 10-year maturity bond with a $1,000 face value makes annual coupon payments and has a coupon rate of 7.5 percent. What is the bond's price if the bond's yield to maturity is 12 percent? $424 $746 $830 $1,000 $1309

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