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Calculate the price of a 2.9 percent coupon bond with 5 years left to maturity and a market interest rate (YTM) of 7.25 percent. (Assume

Calculate the price of a 2.9 percent coupon bond with 5 years left to maturity and a market interest rate (YTM) of 7.25 percent. (Assume interest payments are annual and par value is $1,000.)

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