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A certain company has issued a bond with a face value of 1 0 0 0 SEK that reaches maturity in 2 5 years. The

A certain company has issued a bond with a face value of

1000

SEK that reaches maturity in

25

years. The bond certificate indicates that the stated coupon rate for this bond is

4.7 %

and that the coupon payments are to be made annually.

What is the price of this bond if the YTM is

7.1 % ?

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