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2. A 7% semiannual coupon bond matures in 8 years. The bond has a face value of $1,000 and is currently trading at $1,104. Calculate

2. A 7% semiannual coupon bond matures in 8 years. The bond has a face value of $1,000 and is currently trading at $1,104. Calculate the bonds price and YTM.

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