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A bond with 16 years to maturity and a semiannual coupon rate of 5.20 percent has a current yield of 5.47 percent. The bond's par

A bond with 16 years to maturity and a semiannual coupon rate of 5.20

percent has a current yield of 5.47 percent. The bond's par value is $2,000. What is the bond's price?

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