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Question
A Treasury note has 3.5 years left to maturity, a yield to maturity of 4.25 percent, and a coupon rate of 4.40 percent. What is the price of the bond?A. $1,004.83
B. $1,005.53
C. $1,006.56
D. $1,007.58
E. $1,008.96
Answer
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