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Bond A and Bond B are identical except for their annual coupons and prices: Face value Coupon rate Years to maturity Price Bond A $30,000.00

Bond A and Bond B are identical except for their annual coupons and prices: Face value Coupon rate Years to maturity Price Bond A $30,000.00 7% 5 $28,226.71 Bond B $30,000.00 8% 5 ? Required: Determine the price of Bond B

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