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4 pts Question 36 a Suppose you are thinking of buying a 6-year, $1,000 par value bond with a 7% annual coupon bond. If interest

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4 pts Question 36 a Suppose you are thinking of buying a 6-year, $1,000 par value bond with a 7% annual coupon bond. If interest on this bond is paid semi-annually and you required rate of return is 7% annually, how much should you pay for the bond (or what is the price of the bond)? (Round your answer to two decimal point)

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