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A 25-year stripped bond with a $50,000 face value is selling with a 6% yield to maturity. What price would the bond sell for? Answer
A 25-year stripped bond with a $50,000 face value is selling with a 6% yield to maturity. What price would the bond sell for? Answer format: e.g. $X,XXX.XX = XXXX or $1,234.56 = 1235 (no commas, round to nearest whole number)
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