Question: A 20-year, 8 percent semiannual coupon bond has a yield of maturity of 6%. What is the bond currently selling for (approximately)? $699 $802 O

A 20-year, 8 percent semiannual coupon bond has a yield of maturity of 6%. What is the bond currently selling for (approximately)? $699 $802 O $1238 O $1231 O $1000

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