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Posted on Jul 25, 2024

a bond with a par value of $ 1 0 0 0 has a maturity remaning of 1 4 years. the bond has a coupon

a bond with a par value of $

1000

has a maturity remaning of

14

years. the bond has a coupon rate of

8.5 %

with semiannual coupon payments. the yield to maturity on this bond is

9.5 % .

what is the value of this bond?

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