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A. What is the current price of a $1,000 par value bond maturing in 7 years with a coupon rate of 15.07%, paid semiannually, that

A. What is the current price of a $1,000 par value bond maturing in 7 years with a coupon rate of 15.07%, paid semiannually, that has a YTM of 12.32%? Round your answer to the 2 decimal places.

B. What is the current price of a $1,000 par value bond maturing in 6 years with a coupon rate of 14.12%, paid semiannually, that has a YTM of 12.64%? Round your answer to the 2 decimal places.

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