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1. A Japanese government bond with a $1,000 face value has a 2.18% annual coupon rate. The bond matures in 6 years. The current YTM

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A Japanese government bond with a $1,000 face value has a 2.18% annual coupon rate. The bond matures in 6 years. The current YTM on the bond is -0.4% (negative!). What is this bond worth? Round to the nearest cent.

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