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Stankley Corporation's bonds have a face value of $1,000 and a 5.0% coupon paid semiannually; the...

Stankley Corporation's bonds have a face value of $1,000 and a 5.0% coupon paid semiannually; the bonds mature in two years. What is the price of the bond if the yield to maturity is 6.0%?

  • $981.41

  • $878.72

  • $965.35

  • $959.20

  • $1,074.34

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