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East Corp issued 20 Year bonds three years ago at a coupon rate of 5 %. The bonds make semiannual payments and have a par

East Corp issued 20 Year bonds three years ago at a coupon rate of 5 %. The bonds make semiannual payments and have a par value of $1,000. If the Yield to Maturity (YTM) on these bonds is 9 percent, What is the current price of the bond

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