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A Company has a bond outstanding with a face value of $10000 that reaches maturity in 5 years. The bond certificate indicates that the stated

A Company has a bond outstanding with a face value of $10000 that reaches maturity in 5 years. The bond certificate indicates that the stated coupon rate for this bond is 3.7% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the bond is 2.5%, then the price that this bond trades for will be closest to ?

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