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A bond has a coupon rate of 6.0% and pays coupons annually. The bond matures in 10 years and the yield to maturity on similar
A bond has a coupon rate of 6.0% and pays coupons annually. The bond matures in 10 years and the yield to maturity on similar bonds is 10.5%. What is the price of the bond?
we us 1000 par value
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