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ABC, Inc. has issued a 19-year bond with a par value of $1,000, coupon rate of 12.36%. The yield to maturity (YTM) is 6.03%. Assume
ABC, Inc. has issued a 19-year bond with a par value of $1,000, coupon rate of 12.36%. The yield to maturity (YTM) is 6.03%. Assume semi-annual payments. What is today's price of this bond
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