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Bavarian Sausage Just issued a 5-year 5% coupon bond. The face value of the bond is S 1,000 and the bond makes semiannual coupon payments.

Bavarian Sausage Just issued a 5-year 5% coupon bond. The face value of the bond is S 1,000 and the bond makes semiannual coupon payments. If the required return yield to maturity) on the bond is 7%, what is the bond's price? Your

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