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Digital Technologies is planning to issue bonds and have a choice of one of two bonds to issue: a 10-year, $1000 face value bond with
Digital Technologies is planning to issue bonds and have a choice of one of two bonds to issue: a 10-year, $1000 face value bond with 6% coupon, that pays semi-annual interest, or a 10-year, $1,000 face value zero. Both have a YTM of 5.5%. What will the price of each bond be? (Show your answers to 2 decimal spaces)
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