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A bond offers an annual coupon rate of 5%, with interest paid semi-annually. the bond matures in seven years. at a yield to maturity (YTM)
A bond offers an annual coupon rate of 5%, with interest paid semi-annually. the bond matures in seven years. at a yield to maturity (YTM) of 3%, find the price of this bond per 1000 of par value.
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