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ABC, Inc. issued 1 5 - year bonds a year ago at a coupon rate of 4 . 9 % . The bonds make semi

ABC, Inc. issued 15-year bonds a year ago at a coupon
rate of 4.9%. The bonds make semi-annual payments and have a par value of $1,000.If the YTM on these bonds is 4.5%, what is the current bond price?

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