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Allied Mechanical Ltd. has issued a bond with 10 years until in matures, a face value of $1,000 and a coupon rate of 7% (annual

Allied Mechanical Ltd. has issued a bond with 10 years until in matures, a face value of $1,000 and a coupon rate of 7% (annual payments). The yield to maturity on this bond is currently 6%, what is the current price of this bond? Format BI U - Ea

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