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A bond has $2,000 face value, 24 years to maturity, and 5.2% annual coupon rate with coupons paid semiannually. The yield to maturity (YTM) is

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A bond has $2,000 face value, 24 years to maturity, and 5.2% annual coupon rate with coupons paid semiannually. The yield to maturity (YTM) is 6.4%. What is this bond's market price? Assume the interest rate compounds semiannually. $1,707.68 $1,074.32 $1,814.24 $1,628.56

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