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A corporate bond with a $1,000 face value pays $50 interest every 6 months. The bond will mature in 10 years and has an annual
A corporate bond with a $1,000 face value pays $50 interest every 6 months. The bond will mature in 10 years and has an annual Yield to Maturity (YTM) of 9%. What is the current price of the bond?
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