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A firm in the petroleum industry has a bond that has a coupon rate of 4.57% (paid semi-annually), face value of $1000, and 17 years

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A firm in the petroleum industry has a bond that has a coupon rate of 4.57% (paid semi-annually), face value of $1000, and 17 years to maturity. Analysts state that the yield-10-maturity on this bond is 3.86%. What should be the price of this bond? Report as a dollar value but without the dollar sign, Le. If the price is $995.45 then roport

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