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A firm in the petroleum industry has a bond that has a coupon rate of 4.54% (poid semt-annually). face value of 51000, and 14 years

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A firm in the petroleum industry has a bond that has a coupon rate of 4.54% (poid semt-annually). face value of 51000, and 14 years ta maturity. Analysts stafe that the yield-to-maturity on this bond is 6.05%. What should be the price of this bond? Report as a dollar value but without the doliar sign, Lis. If the price is 5995 . 45 then report 995.45

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