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immediately Assuming semiannual compounding, what is the price of a 4% annual coupon bond, with $1000 face value, which matures in 5 years? Assume a

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immediately

Assuming semiannual compounding, what is the price of a 4% annual coupon bond, with $1000 face value, which matures in 5 years? Assume a required return of 2% (Enter your answer rounded to 2 decimal places)

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