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Melody Corporation's bonds have a 3 0 3 0 - year maturity, an 8 % annual coupon paid with semiannual frequency, and a par value

Melody Corporation's bonds have a3030-year maturity, an 8% annual coupon paid with semiannual frequency, and a par value of $1,000. The annual nominal interest rate (i) is 5%. What is the bond's price?
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