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A bond has a face value of $ 3 , 9 9 6 . The bond pays a semi - annual coupon of 9 .
A bond has a face value of $ The bond pays a semiannual coupon of The bond matures in years. The expected yield to maturity is What would be the price of the bond today? Enter the answer rounded to two decimals ie the nearest cent and as a POSITIVEnumber
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