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A savings bond with a face value of $1000 bears interest at 6% payable semi-annually and matures on December 12th, 2023. What is the purchase

A savings bond with a face value of $1000 bears interest at 6% payable semi-annually and matures on December 12th, 2023. What is the purchase price of the bond on August 18th, 2020 to yield 7% compounded semi-annually?

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