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P 6 . Bond ( s ) Valuation ( s ) - Wall Mort Corporation has a bond outstanding that has a $ 1 ,

P6. Bond(s) Valuation(s)-
Wall Mort Corporation has a bond outstanding that has a $1,000 par value, semiannual coupon rate of 4% and a current yield of 7.9%.
What is the price of the bond?
Illustrate formula with calculations.
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