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Genesis corp. issued a 20-year semi-annual bond with a face value of $1,000, and an annual coupon rate of 8%. The bond equivalent yield (BEY)

Genesis corp. issued a 20-year semi-annual bond with a face value of $1,000, and an annual coupon rate of 8%. The bond equivalent yield (BEY) is 9%. What is the Bonds price?

$936

$908

$1,080

$1,000

$966

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