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Q3) What is the price of a $1,000 par value, semi-annual coupon bond with 12 years to maturity, a coupon rate of 06.30% and a

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Q3) What is the price of a $1,000 par value, semi-annual coupon bond with 12 years to maturity, a coupon rate of 06.30% and a yield-to- maturity of 08.60%? (1 point)

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