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1. A $10000 bond with semi-annual coupons was originally issued with a 5.4% coupon and ten years to maturity. What must the price of the

1. A $10000 bond with semi-annual coupons was originally issued with a 5.4% coupon and ten years to maturity. What must the price of the bond be if there are 8 years remaining to maturity and a yield to maturity of 6% APR?

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