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Bond Price (Annual Payments) A General Motors bond carries a coupon rate of 13.58%, has 5 years until maturity, and sells at a yield to

Bond Price (Annual Payments) A General Motors bond carries a coupon rate of 13.58%, has 5 years until maturity, and sells at a yield to maturity of 14.69%. What price does the bond sell? (Assume annual interest payments)

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