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A General Motors Semi - annual bond carries a coupon rate of 6 . 0 4 % , has 1 5 years until maturity, and

A General Motors Semi

-

annual bond carries a coupon rate of

6.04 %,

has

15

years until maturity, and sells at a yield to maturity of

7.48 % .

What price does the bond sell?Numeric Response

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