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1. The face value of a bond is $10,000 and the coupon rate is 5.2% payable semi- annually. It matures in 4 years. Today, the

1. The face value of a bond is $10,000 and the coupon rate is 5.2% payable semi- annually. It matures in 4 years. Today, the yield on 4-year bonds is 4.5% compounded semi-annually. What is the purchase price of the bond

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