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Atlantic Corp offers a 9 . 5 % coupon bond with annual payments. The yield to maturity is 8 . 5 % and the maturity

Atlantic Corp offers a

9.5 %

coupon bond with annual payments. The yield to maturity is

8.5 %

and the maturity date is

31

years from today. What is the market price of this bond if the face value is $

1, 000 ?

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