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Global Warming Corp, has $1,000 face value bonds in the market with 12 years to maturity, a Y.T.M. of 8% and a coupon rate of

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Global Warming Corp, has $1,000 face value bonds in the market with 12 years to maturity, a Y.T.M. of 8% and a coupon rate of 7% paid semiannually. What is the price of the bond

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