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Par: $1,000 Time to maturity: 20 years Coupon Rate: 4%, semi-annual payments Yield to maturity: 7% Calculate the price of the bond. (Enter a positive

Par: $1,000

Time to maturity: 20 years

Coupon Rate: 4%, semi-annual payments

Yield to maturity: 7%

Calculate the price of the bond. (Enter a positive value and round to 2 decimals

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