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A General Power bond with a face value of $1,000 carries a coupon rate of 9.8%, has 9 years until maturity, and sells at a

A General Power bond with a face value of $1,000 carries a coupon rate of 9.8%, has 9 years until maturity, and sells at a yield to maturity of 8.8%. (Assume annual interest payments.) At what price does the bond sell

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