Question: How much do you expect to pay for a 20-year bond with a coupon rate of 7.25%, if the current market rate is 10.00%? $1285.76

How much do you expect to pay for a 20-year bond with a coupon rate of 7.25%, if the current market rate is 10.00%?
$1285.76
$764.06
$741.14
$771.70
$733.50

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