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A bond has a 7.2% coupon rate, 8 years to maturity, $1,000 par value, semiannual coupons, and interest rate of 8.4%. What is the bond

A bond has a 7.2% coupon rate, 8 years to maturity, $1,000 par value, semiannual coupons, and interest rate of 8.4%. What is the bond price?

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