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A bond that matures in 8 years has a par value of $1,000 and an annual coupon payment of $70; its market interest rate is

A bond that matures in 8 years has a par value of $1,000 and an annual coupon payment of $70; its market interest rate is 9%. What is its price? A bond that matures in 12 years has a par value of $...

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