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A semi-annual bond has a face value of $10,000, a coupon rate of 9.9%, a yield to maturity of 11.1% and has 4 years remaining
A semi-annual bond has a face value of $10,000, a coupon rate of 9.9%, a yield to maturity of 11.1% and has 4 years remaining to maturity. What is the price of the bond?
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