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A company has bonds outstanding with a coupon rate of 3.4 percent. The bonds make semi-annual coupon payments and have 19 years to maturity. The

A company has bonds outstanding with a coupon rate of 3.4 percent. The bonds make semi-annual coupon payments and have 19 years to maturity. The yield to maturity on these bonds is 5.7 percent and the bonds have a par value of $2,000. What is the dollar price of the bond? Please show all work and write clearly

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