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Blossom Corp, issued a five-year bond one year ago with a coupon rate of 5.5 percent. The bond pays interest semiannually. If the yiel to

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Blossom Corp, issued a five-year bond one year ago with a coupon rate of 5.5 percent. The bond pays interest semiannually. If the yiel to maturity on this bond is 12 percent, what is the price of the bond? (Round answer to 2 decimal places, eg. 5,275.25.) Price of bond $

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