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Find the price of a 2.50% coupon bond with a face value of $8000, a 12.00% yield to maturity, and 5 years to maturity.

Find the price of a 2.50% coupon bond with a face value of $8000, a 12.00% yield to maturity, and 5 years to maturity. PV = Price of the bond = $ (Round your response to two decimal places.)

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