Question: How much should you pay for a 10-year bond with a 5.50% coupon, semiannual payments, and a semiannually compounded yield of 7.00%? (Do not round

How much should you pay for a 10-year bond with a

How much should you pay for a 10-year bond with a 5.50% coupon, semiannual payments, and a semiannually compounded yield of 7.00%? (Do not round intermediate calculations.) $894.65 $966.18 $1,113.06 $893.41

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