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5. Shaky Position, Inc. is unable to meet its next several coupon payments. The bonds have a face value of $1,000, mature five years from

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5. Shaky Position, Inc. is unable to meet its next several coupon payments. The bonds have a face value of $1,000, mature five years from today, and have a 4 percent annual coupon rate. Coupons are paid semi-annually. Shaky will skip the next three coupons, beginning with the coupon payment due six months from today. The skipped coupons will be repaid at maturity, without interest. The bonds are priced using an annual BEY of 7% per year. What price should these bonds sell for today

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