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Calculate the price of a bond that matures in 6 years, has a face value of $18,000, a coupon rate of 3.00% (paid semiannually) to

Calculate the price of a bond that matures in 6 years, has a face value of $18,000, a coupon rate of 3.00% (paid semiannually) to the nearest cent if the market interest rate is 2.00%. What is the price of the bond to the nearest cent if the market interest rate drops to 1.50%?

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