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Calculate the purchase price (flat) of the $1,000 face value bond using the information given below. (Do not round the intermediate calculations. Round your final

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Calculate the purchase price (flat) of the $1,000 face value bond using the information given below. (Do not round the intermediate calculations. Round your final answer to 2 decimal places.) Assume that: - Bond interest is paid semiannually. - The bond was originally issued at its face value. - Bonds will be redeemed for their face value at maturity. - Market rates of return and yields to maturity are compounded semiannually. Calculate the purchase price (flat) of the $1,000 face value bond using the information given below. (Do not round the intermediate calculations. Round your final answer to 2 decimal places.) Assume that: - Bond interest is paid semiannually. - The bond was originally issued at its face value. - Bonds will be redeemed for their face value at maturity. - Market rates of return and yields to maturity are compounded semiannually

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