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A 4 % coupon bond has a par value of $ 1 , 0 0 0 and 8 years remaining until maturity. Coupons are paid

A 4% coupon bond has a par value of $1,000 and 8 years remaining until maturity. Coupons are paid semi-annually. Your required rate of return (as an annualized number) is 7.0%, and the bond's price is $733. What is the Net Present Value (NPV) of purchasing one bond today?

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