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Nusmas Inc. issues 6 year bonds with a $1,000 face value and a 8% coupon rate. The bonds pay interest semi-annually and have a yield
Nusmas Inc. issues 6 year bonds with a $1,000 face value and a 8% coupon rate. The bonds pay interest semi-annually and have a yield to maturity of 6.3%. Calculate the current price of Nusmas' bonds
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