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An XYZ Corporation $ 2 0 0 0 bond, paying bond interest at j 2 = 8 % , matures at par on September 1

An XYZ Corporation $2000 bond, paying bond interest at j2=8%, matures at par
on September 1,2024. What did a buyer pay for this bond on July 20,2016, if the market quotation
was 104.75? Please show all formulas and steps

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