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3-Leaf Company is about to issue a bond with semiannual coupon payments, an annual coupon rate of 6%, and par value of $5,000. The yield

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3-Leaf Company is about to issue a bond with semiannual coupon payments, an annual coupon rate of 6%, and par value of $5,000. The yield to maturity for this bond is 5% a. What is the price of the bond if it matures in 25 years? a. What is the price of the bond if it matures in 25 years? (Round to the nearest cent)

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