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A Bell Canada Enterprises bond has a face value of $1,000, a coupon rate of 8.0%, with coupons paid semi-annually, and 20 years to maturity.
A Bell Canada Enterprises bond has a face value of $1,000, a coupon rate of 8.0%, with coupons paid semi-annually, and 20 years to maturity. If the yield to maturity of bonds of comparable risk is 8.0%, what is the price that you should be willing to pay for this bond?
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