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8. ZZ Corp. has $2000 par value bond outstanding with a coupon rate of 4.9 percent paid semiannually and 13 years to maturity. The yield
| 8. ZZ Corp. has $2000 par value bond outstanding with a coupon rate of | |||||
| 4.9 percent paid semiannually and 13 years to maturity. The yield to | |||||
| maturity of the bond is 3.8 percent. What is the dollar price of the bond? | |||||
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