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A semiannual coupon bond with face value of $ 1 , 0 0 0 has a coupon rate of 6 % and matures in 2
A semiannual coupon bond with face value of $ has a coupon rate of and matures in years. The marketdetrmined discount rate on this bond is What is the price of the bond?
Round to the nearest cent onehundredth Do not include the dollar sign $
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