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Assume your required return for a particular bond is 4 . 5 0 % . If this bond has a Maturity of 4 years, a

Assume your required return for a particular bond is 4.50%. If this bond has a Maturity of 4 years, a Coupon Rate of 5%, a Face Value
of $1,000 and offers semi-annual payments, what price should you pay?[show your answer as dollars and cents]
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