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A 12 percent $1,000 bond matures in 13 years, pays interest semiannually, and has a yield to maturity of 8.89 percent. What is the current

A 12 percent $1,000 bond matures in 13 years, pays interest semiannually, and has a yield to maturity of 8.89 percent. What is the current market price of the bond? $ If the yield to maturit...

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