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An analyst observes a 10 year 2.80% semi-annual pay bond. The face amount of the bond is $1,000. The analyst believes that the yield to

An analyst observes a 10 year 2.80% semi-annual pay bond. The face amount of the bond is $1,000. The analyst believes that the yield to maturity for the bond should be 4.75%. Based on this yield estimate, what's an appropriate price for the bond?

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