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A bond with a $10,000 par value has a 6.75% annual coupon rate. It will mature in 6 years, with semi-annual coupon payments. Present annual

A bond with a $10,000 par value has a 6.75% annual coupon rate. It will mature in 6 years, with semi-annual coupon payments. Present annual yields on similar bonds are 7.25%. What should the current price be;

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