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National Geographic Magazine has issued a 30-year bond with a face value of $20,000. This bond makes no payments for the first ten years, then

National Geographic Magazine has issued a 30-year bond with a face value of $20,000. This bond makes no payments for the first ten years, then pays $1,500 every six months for the next ten years, and finally pays $1,800 every six months over the last ten years. If the yield on the bond is 12%, what is its price?

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