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Posted on Oct 07, 2024

he yield to maturity of a $1,000 bond with a 6.8% coupon rate, semiannual ooupons, and two years to maturity is 7.6% APR compounded sermannual

he yield to maturity of a $1,000 bond with a 6.8% coupon rate, semiannual ooupons, and two years to maturity is 7.6% APR compounded sermannual y What is its rice? The price of the bond is $(Round to the nearest cent.)

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