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Bond A offers a coupon rate of 12%, has a remaining life of 10 years and a face value of $1,000. Coupon payments for Bond
Bond A offers a coupon rate of 12%, has a remaining life of 10 years and a face value of $1,000. Coupon payments for Bond A are paid semi-annually. If the yield to maturity on Bond A is 14%, what is Bond As current price?
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