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Q9: The yield to maturity of a $1,000 bond with a 6.5% coupon rate, semiannual coupons, and two years to maturity is 8.3% APR, compounded
Q9: The yield to maturity of a $1,000 bond with a 6.5% coupon rate, semiannual coupons, and two years to maturity is 8.3% APR, compounded semiannually. What is itsprice?
The price of the bond is $
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