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1- Nikola, Inc., has 10.3% coupon bonds with 7 years left to maturity and $1,000 face value. The bonds make semi-annual payments. If the YTM
1- Nikola, Inc., has 10.3% coupon bonds with 7 years left to maturity and $1,000 face value. The bonds make semi-annual payments. If the YTM on these bonds is 6.8 %, what is the current bond price?
Do not include the dollar sign ($). Round your answer to 2 decimal places, e.g., 959.16.
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