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Q25) What is the price of a 1,000 par value semi-annual bond with 21.0 years to maturity and a coupon rate of 4.75% and a

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Q25) What is the price of a 1,000 par value semi-annual bond with 21.0 years to maturity and a coupon rate of 4.75% and a yield-to-maturity of 3.70% ? (1.5 points)

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