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1. Five years ago, Atlas Industries sold a bond with a par value of $1,000, with 30 years to maturity, and with a coupon rate

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1. Five years ago, Atlas Industries sold a bond with a par value of $1,000, with 30 years to maturity, and with a coupon rate of 6.0%, paid annually. Today, with 25 years remaining to maturity, the yield to maturity is 8.0%. What is the price of this bond

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