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1) A company issues a ten-year bond at par with a coupon rate of 6.3% paid semi-annually. The YTM at the beginning of the third

1) A company issues a ten-year bond at par with a coupon rate of 6.3% paid semi-annually. The YTM at the beginning of the third year of the bond (8 years left to maturity) is 7.9%. What is the new price of the bond?

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