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Listen Schermer, Inc. just issued a $ 5 0 0 0 par value bond. The bond, which matures exactly 2 5 years from today, has
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Schermer, Inc. just issued a $ par value bond. The bond, which matures exactly years from today, has a coupon rate of semiannual payments If the appropriate yield to maturity for this bond is what is the current price of the Schermer, Inc. bond?
Record your answer as a dollar amount rounded to decimal places, but do not include a dollar sign with your answer. For example, enter $ as
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