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A Ford Motor Co. coupon bond has a coupon rate of 7% and pays annual coupons. The next coupon is due tomorrow and the bond

A Ford Motor Co. coupon bond has a coupon rate of 7% and pays annual coupons. The next coupon is due tomorrow and the bond matures 36 years from now. the yield on the bondis 6.2%, what price should the bond trade today assuming the face value si $1000

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