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Question 2 1 pts ABC, Inc. has issued a 5-year bond with a par value of $1,000, coupon rate of 4.49%. The yield to
Question 2 1 pts ABC, Inc. has issued a 5-year bond with a par value of $1,000, coupon rate of 4.49%. The yield to maturity (YTM) is 7.3%. Assume semi-annual payments. What is today's price of this bond? Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.
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