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Assume a par value of $ 1 , 0 0 0 . Caspian Sea plans to issue a 2 0 . 0 0 year, semi

Assume a par value of $1,000. Caspian Sea plans to issue a 20.00 year, semi-annual pay bond that has a 7.99%. If the yield to maturity for the bond is 8.12%, what will the price of the bond be?

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