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Calculate the current price of a $1,000 par value bond that has a coupon rate of 14 percent, pays coupon interest semi-annually, has 28
Calculate the current price of a $1,000 par value bond that has a coupon rate of 14 percent, pays coupon interest semi-annually, has 28 years remaining to maturity, and has a current yield to maturity (discount rate) of 12 percent. Round 2 decimals
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