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18. A bond with a par value of $10,000 and a 6% semi-annual coupon rate has 19 years to maturity. Assuming it is priced to

18. A bond with a par value of $10,000 and a 6% semi-annual coupon rate has 19 years to maturity. Assuming it is priced to yield 7%, compounded semi- annually, what is the market price of the bond, to the nearest dollar

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