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A $2,000.00, 4.56% compounded semi-annual copoun TCT corporation bond has 5 years remaining until its maturity. Calculate the purchase price of this bond today if

A $2,000.00, 4.56% compounded semi-annual copoun TCT corporation bond has 5 years remaining until its maturity. Calculate the purchase price of this bond today if the required return in the bond market is 5.6% compounded semi-annually
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