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3 Consider a bond maturing in 2 0 years, paying 8 % semiannual coupons, with face value of US $ 1 , 0 0 0

3 Consider a bond maturing in 20 years, paying 8% semiannual coupons, with face value of US $1,000. Assume the YTM is 6%. Find the bond price.
Maturity (years)
Coupon rate
Frequency of payments
Face value
YTM
\table[[20],[8%
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