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A bond issued by ABC Corporation with nominal yield of 2 % and maturity of June 3 0 , 2 0 2 7 was sold

A bond issued by ABC Corporation with nominal yield of 2% and maturity of June 30,
2027 was sold on June 30,2020. If the yield of comparable bonds at the time was
1.5%, the price of ABC bond would have been
dollars (round to two
decimal points).
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