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PA Port Authority has a municipal bond that has 6 years till maturity, and a par value of $1,000. The bond pays 9.5% semiannual coupon.

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PA Port Authority has a municipal bond that has 6 years till maturity, and a par value of $1,000. The bond pays 9.5% semiannual coupon. If its yield to maturity is 5.5%, what is the bond's price? (Show your work by filling the relevant blanks below. Note that you don't have to fill in every blank, only the ones that are given and the one that needs to be calculated.) PV- PMT FV Inputs: N I/Y- Calculate which value? What is the calculation result

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